Life & Health Insurance

In order to retire the existing senior credit facility, CNO Financial Group Inc. (CNO) has priced its senior secured notes together with the new senior secured credit facility and CNO Financial's available cash. CNO Financial has priced its $275 million principal amount of 9.0% senior secured...

Goldman Sachs is upgrading shares of Lincoln National Corporation (NYSE: LNC) to Buy. In a note sent to clients Goldman writes, "We believe Lincoln's leverage to rising interest rates and stronger equity markets is greater than that of its peers due to its large variable annuity and secondary...

Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...

Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...

CNO Financial Group, Inc. (NYSE: CNO) today announced that Russell Bostick, executive vice president of technology and operations, has left CNO to pursue other opportunities. A search is underway for a new leader for technology and operations, and the company anticipates that the search will be...

Compugen Ltd. (NASDAQ: CGEN) announced today that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support...

Goldman Sachs recently spent a week with MetLife Inc. (NYSE: MET) management, and is more constructive on the name, but still has a Neutral rating on shares. It did raise its price target to $48 from $42. In a note sent to investors, Goldman writes, "This week we hosted a dinner with MetLife's CFO...

A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...

A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...

Analysts at Morgan Stanley upgrade Prudential Public Limited Company (NYSE: PUK) from "equal weight" to "overweight." PUK shares gained 2.23% to close at $20.61 yesterday. More Analyst Ratings here

Analysts at BofA/Merrill downgrade Torchmark Corporation (NYSE: TMK) from "buy" to "neutral." The target price for TMK is set to $69. TMK shares rose 0.10% to close at $61.79 yesterday. More Analyst Ratings here

In order to pay down the existing senior credit facility, CNO Financial Group Inc. (CNO) has agreed to sell senior secured notes, and use the proceeds under a new senior secured credit facility along with CNO Financial's available cash. CNO Financial intends to use the proceeds of $300 million...

In order to pay down the existing senior credit facility, CNO Financial Group Inc. (CNO) has agreed to sell senior secured notes, and use the proceeds under a new senior secured credit facility along with CNO Financial's available cash. CNO Financial intends to use the proceeds of $300 million...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...