Entries by msandvig

Chinese Investment Co. Snags MassMutual Unit For $1.7B

MassMutual International LLC has agreed to sell its Hong Kong-based subsidiary to a Chinese financial services company for $1.01 billion in cash and roughly $664.6 million worth of stock, the insurance holding company announced Thursday. 08-17-2017 | 04:38 PM Author: Law360

5 Worst States for Diabetes

http://www.thinkadvisor.com/2017/08/01/5-worst-states-for-diabetes?eNL=59836a0c150ba02a6dffc47a&utm_source=TA_LifeHealthNewsFlash&utm_medium=EMC-Email_editorial&utm_campaign=08032017&page=3

Brighthouse Kills Surrender Charges on Revamped UL

By Cyril TuohyInsuranceNewsNet MetLife spinoff Brighthouse Financial has announced it will eliminate surrender charges on a universal life (UL) insurance policy launched two years ago. The announcement is another sign that the industry is moving toward an assets-under-management model to compensate agents and distributors. Brighthouse begins trading on NASDAQ next month. Fee-based annuities recently announced by other […]