© Insider Insider © Provided by Business Insider Diane Yu. Courtesy of Better.com It’s hard to raise your voice when you’re underrepresented in a certian industry or company. But according to Diane Yu, Better.com’s new CTO, it’s an essential skill for leaders to build. Yu has learned over the years […]
Month: February 2021
MassMutual buys American Financial’s annuity business for $3.5b
MassMutual has made a big bet on the annuities market with a $3.5 billion deal to acquire Great American Life Insurance Co. from its parent, American Financial Group. © Josh Reynolds for The Boston Globe MassMutual CEO Roger Crandall speaks to membership of the Associated Industries of Massachusetts in Waltham […]
American Financial Group sells annuity business to MassMutual for $3.5B, 600 jobs affected
American Financial Group announced Wednesday it will sell its annuity business to Massachusetts Mutual Life Insurance Co. for $3.5 billion in cash. Carl Lindner III’s Cincinnati Click to expand UP NEXT In a deal expected to close before June 30, MassMutual will acquire Great American Life Insurance Co. (GALIC) and its two insurance subsidiaries, […]
American Financial to Sell Annuity Business to MassMutual for $3.5 Billion
American Financial Group Inc. AFG 1.31% on Wednesday said it agreed to sell its annuity business to Massachusetts Mutual Life Insurance Co. in a $3.5 billion cash deal. The acquisition will deliver new ways for the giant Springfield, Mass., company, one of the nation’s oldest life insurers, to sell its […]
Ocwen Financial Announces Conditional Redemption of 6.375% Senior Notes Due 2021 and 8.375% …
WEST PALM BEACH, Fla., Feb. 02, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Corporation (“PHH”) has given notice of its intention to redeem on March 4, 2021 (the “Redemption Date”) all […]
How To Engage and Attract Customers To Your Digital Financial Business
February 3, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. The potential for financial technology grew in 2020, as consumer-directed personal money management became more popular than ever amid the pandemic. Around 50 per cent of customers use banking apps or websites weekly, according to an […]
12 Ways Business Can Guard Against ‘Unexpected’ Financial Losses
Since the pandemic, “expect the unexpected” has become less of a cliché and more of a mandate for businesses. From steep dips in revenue to high employee turnover, big jumps in insurance premiums, new regulations and more, business leaders must be ready to safeguard themselves against financial losses in a […]