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New York Life
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Missouri Department of Insurance and Missouri Insurance Department Reach Claim Settlement
Nov 22, 2013The Missouri Department of Insurance and New York Life have reached a settlement following an examination into the firm’s life insurance and annuity benefits handling. Missouri will receive $179,916 from New York Life, under a ...
Tags: Insurance, New York Life
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Aviva Is Reportedly Considering Divesting Its 26% Shareholding in Its Indian Insurance JV
Aug 12, 2013UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV
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New York Life Named Brooke Zrno Grisham as CEO in Charge of The Nautilus Group
Jun 9, 2013New York Life Insurance Company has named Brooke Zrno Grisham as CEO in charge of the Nautilus Group to head a premier team of industry professionals based in Dallas. Grisham, who joined New York Life in 1999 as a senior associate in the ...
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New York Life Reported in Talks with Yuanta Financial Over The Sale of Its Taiwan Unit
May 20, 2013New York Life, a US insurer, is reportedly in talks with Yuanta Financial over the sale of its Taiwan unit, according to sources close to the deal. People familiar with the matter were quoted by Reuters as saying that the deal, which is ...
Tags: Taiwan Unit Sale, New York Life
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ACE Completed The Acquisition of Mexican Personal Lines Insurer ABA Seguros
May 6, 2013Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
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ACE Acquired Fianzas Monterrey in Mexico, From New York Life Insurance for Nearly $293m
Apr 2, 2013Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
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New York Life Appointed John Fleurant as Its New Executive Vice President and CFO
Mar 22, 2013New York Life Insurance has appointed John Fleurant as its new executive vice president and chief financial officer (CFO), effective from 1 July 2013. Fleurant will replace current executive vice president and CFO Michael Sproule, who is ...
Tags: Life Insurance, care insurance, insurance
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New York Life Has Elected Annamaria Banaszek
Jan 16, 2013New York Life has elected Annamaria Banaszek, Craig DeSanto and John DiRago as senior vice presidents of the company and will report to Chris Blunt, president of the Insurance Group. Banaszek will serve as head of the Group's Wealth ...
Tags: New York Life, Annamaria Banaszek, Craig DeSanto, John DiRago
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ING US Has Appointed David Bedard as President of Its Annuities Business Segment
Jan 15, 2013ING US has appointed David Bedard as president of its annuities business segment, a part of ING US Retirement Solutions business that is focused on driving growth and long-term success in the fixed annuity market. Based in ING US Windsor ...
Tags: annuities business, David Bedard, President, annuity market
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ACE Has Inked a Definitive Agreement to Purchase Fianzas Monterrey in Mexico
Dec 7, 2012Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
Tags: property insurer, casualty insurer, ACE, life insurance, health insurance
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New York Life Has Promoted Its Senior Managing Principal
Dec 4, 2012New York Life Capital Partners, a private equity affiliate of New York Life Investments has promoted its senior managing principal, Steven Benevento, to chief investment officer. Reporting to NYLCAP chief executive officer Thomas ...
Tags: New York Life Capital Partners, equity affiliate, life investment
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Max India Is Likely to Offload Nearly 5% Stake in Its Life Insurance Joint Venture
Dec 3, 2012Insurance and healthcare firm Max India is likely to offload nearly 5% stake in its life insurance joint venture, Max Life Insurance, with Mitsui Sumitomo Insurance, to long-term foreign financial investors. The move follows the recent ...
Tags: India, insurance, healthcare, life insurance
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New York Life Insurance Appointed Money Management Executive Gerald Smith as a New Member
Dec 3, 2012New York Life Insurance Company has appointed money management executive Gerald Smith as a new member of the company’s board of directors, effective from 1 November 2012. Smith currently serves as chairman and CEO at his co-founded ...
Tags: New York Life Insurance, money management executive, Gerald Smith
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HSHC Is Planning to Exit Its Insurance Joint Venture Canara HSBC Oriental Bank
Dec 3, 2012HSBC is planning to exit its insurance joint venture Canara HSBC Oriental Bank of Commerce Life Insurance Company in India, a second foreign company to depart Indian insurance sector. The JV was formed by Canara Bank, Oriental Bank of ...
Tags: HSBC, insurance joint venture, Commerce Life Insurance, Indian insurance
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New York Life Insurance Company Has Promoted Michael Secolo as Its Senior Vice President
Nov 29, 2012New York Life Insurance Company has promoted Michael Secolo as its senior vice president and chief technology officer, who will report to senior vice president and chief information officer Sue Ericksen. In his current role, Secolo will ...
Tags: New York Life, Michael Secolo, senior vice president, insurance
