Transatlantic Holdings, an international reinsurer based in New York, has appointed J.P. Morgan Worldwide Securities Services to provide global custody for the majority of its invested assets worldwide, whose estimated value is $11 billion.

A failure by many financial service professionals to ask key questions about retirees’ plans for the future “could jeopardize” the financial future of those clients.

A move by the Financial Industry Regulatory Authority to close broker-dealer GunnAllen Financial is resulting in more than 400 financial advisors searching for a new employer.

The leadership of the Injured Workers Insurance Fund has indicated its support for a proposal to convert the insurer from a quasi-state agency to a nonprofit mutual insurance company.

The life insurance sector is the darling among its financial service peers, according to a new analysis from A.M. Best.

John Hancock Financial has realigned its operations, reducing its primary operating life insurance companies from five to three.

Lincoln Financial Group has announced that it has completed the sale of asset management subsidiary Delaware Investments to an Australian company for $451.8 million.

The net assts of the U.S. variable annuity industry posted an increase for the first time in five quarters, leading one industry expert to suggest a “turning point.”

A pair of rating agencies is keeping its eyes on three Berkshire Hathaway subsidiaries as the company looks to acquire a majority share in the Burlington Northern Santa Fe railroad.

The depressed market value on fixed-income securities is expected to hurt the financial performance of life insurance companies, according to a survey of their chief financial officers.

The survey, conducted by …  Read →