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John Hancock Announces Results of National Long-Term Care Cost of Care Study (PR Newswire)
John Hancock Life Insurance Company today announced the results of an in-depth study of the 2008 costs of long-term care , which found that LTC costs have been increasing in line with inflation in recent years.
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A.M. Best Places Ratings of IPC Holdings Ltd. and Its Subsidiaries Under Review With Negative Implications (Business Wire)
OLDWICK, N.J.----A.M. Best Co. has placed the financial strength rating of A and issuer credit ratings of "a" of IPCRe Limited and IPCRe Europe Limited , reinsurance subsidiaries of IPC Holdings Ltd. [NASDAQ: IPCR], under review with negative implications following the recent announcement of IPCRe's intent to merge with Max Capital Group Ltd. [NASDAQ: MXGL].
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A.M. Best Revises Outlook to Negative for Prudential Financial and Its Subsidiaries (Business Wire)
OLDWICK, N.J.----A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A+ and issuer credit ratings of "aa-" of Prudential Financial, Inc.'s domestic life/health insurance companies.
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Lincoln Financial Group Announces Sale of Delaware Investments to Macquarie Group (PR Newswire)
Lincoln Financial Group today announced that it has signed a definitive agreement to sell Delaware Management Holdings, Inc. and its subsidiaries , its asset management unit, to Macquarie Group, a Sydney, Australia-headquartered global provider of banking, financial, advisory, investment and funds management services.
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American Equity Investment Life Holding Company Declares Cash Dividend and Wendy Carlson, President & CEO and John Matovina, CFO to Speak at 2009 FBR Fall Investor Conference (Business Wire)
WEST DES MOINES, Iowa----American Equity Investment Life Holding Company , today announced that its Board of Directors has declared a cash dividend of $0.08 per share to owners of its common stock.
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