TOP 100 LIFE INSURANCE SITES
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Prudential Fixed Income Management Named Replacement Manager for $490 million CLO (Business Wire) NEWARK, N.J.----Prudential Fixed Income Management has been selected to serve as replacement manager for Duane Street V CLO, a $490 million collateralized loan obligation. Prudential Fixed Income Management is the fixed income asset management business of Prudential Financial, Inc. . us.rd.yahoo.com |
Aviva plc Preliminary Results for the Year Ended 31 December 2009 (Business Wire) LONDON----Aviva plc : A YEAR OF SIGNIFICANT PROGRESS WITH A STRONG RETURN TO PROFIT Strong financial performance reflects management actions Return to total profit: IFRS profit after tax £1,315m Operating profit £2,022m on an IFRS basis ; £3,483m on an MCEV basis IGD solvency surplus more than doubled to £4.5bn Group return on equity 16.2% Total dividend per share of 24 pence Proven strategy delivering results Reshaped composite portfolio: successful IPO of Delta Lloyd realised €1.1 billion; sale of subscale Australian life business for 16 times IFRS profits Strategic restructuring: sustainable cost savings target of £500m exceeded one year early; 19% global headcount reduction over two years Delivering for our customers: successful move to a single global brand; customer numbers up at 53 million and customer satisfaction increased Clear plans to drive value, earnings and dividend Capitalise on leadership positions to grow our business, with a primary focus on UK and Europe Rigorous allocation of capital to deliver highest returns Build value in our customer franchise by exploiting global brand and expertise Grow our general insurance portfolio and lower our combined operating ratio Leverage improved investment performance to grow third party assets under management us.rd.yahoo.com |
A.M. Best Assigns Ratings to Prudential Financial, Inc.'s New Senior Unsecured Notes (Business Wire) OLDWICK, N.J.----A.M. Best Co. has assigned debt ratings of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. [NYSE: PRU]. The securities were issued in two tranches: $650 million 5.375% ten-year notes and $350 million 6.625% thirty-year notes. us.rd.yahoo.com |
During National Fire Prevention Week, Brush up on Fire Safety Basics [Business Wire] - National Fire Prevention Week takes place during the month of October, and MetLife Auto & Home reminds consumers to check their fire safety knowledge with a brief quiz: us.rd.yahoo.com |