Sentences with phrase «group annuity business»

Last month, MetLife announced it would bolster reserves by as much as $ 575 million to make up for unrecorded pension liabilities as part of its pension risk transfer and group annuity business to group annuitants who went missing.

Not exact matches

The new Guaranteed Income for Tomorrow, or GIFT, annuity will be distributed through direct response solicitation via Prudential's Group Insurance business, the company said.

In addition to the $ 38 million increase in reserves related to group annuity contracts, Brighthouse incurred $ 53 million in «unfavorable reserve adjustments» connected to the company's universal life with secondary guarantees business.

Prior to joining TD Ameritrade, Sadowsky served as Vice President, Finance in the corporate offices at The BISYS Group, Inc., which provided business process outsourcing to bank, insurance, and investment companies, and later joined Columbus Circle Capital, where he specialized in annuity arbitrage and life insurance premium financing.

Based on the review, MetLife uncovered about 14,000 group annuitants across Brighthouse businesses «who may be owned annuity payments now or in the future,» Steigerwalt said.

Prior to that, he served as head of quantitative equity for ING Investment Management, (doing business as Voya Investment Management May 1, 2014), building and developing the group and managing more than $ 20 billion in assets with 15 global active, index and enhanced index strategies for pension funds, variable annuities and mutual funds.

They also sold EIAs, Variable Annuities and Life products, and had a group life, specialty heath, and pension business as well.

Lincoln Financial Group's business operations are divided into four segments including life insurance, annuities, group protection and retirement plan servGroup's business operations are divided into four segments including life insurance, annuities, group protection and retirement plan servgroup protection and retirement plan services.

The company's Independent Marketing Group provides life insurance, pension products, and annuity products to both small business owners, as well as to individual consumers.

FBL Financial Group underwrites, markets and distributes both term and permanent life insurance and annuities to individuals and small businesses.

In the context of insurance, many businesses pay insurance companies to set up single premium group annuities for employees at their company as a way to provide benefits for the employees.

Principal products for retirement include fixed annuities, variable annuities, mutual funds, small business 401 (k) programs, individual (k) programs, structured settlement annuities, and single premium group annuity contracts.