Insurance

A contract that involves the insured paying a premium to an insurance company in exchange for protection against the risk of a large loss.

Goldman Sachs Near Deal to Buy Taikang Life from Axa

Reuters reports that an investment arm of Goldman is near to closing a deal to buy Taikang Life, China's number 4 life insurance company. The French insurer Axa currently owns a 15.6 percent stake in Taikang that is reportedly worth $1.05 billion. Goldman's bid for the assets competed with several other private equity companies. Source: Reuters

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Doctor Walter M. Bortz on the Challenge of Financing Human Longevity

Couple running with dog

Walter M. Bortz II, M.D., is a Clinical Associate Professor of Medicine at Stanford University School of Medicine and a graduate of Williams College and the University of Pennsylvania School of Medicine.

Recognized as one of America’s leading scientific experts on aging and longevity, Dr. Walter Bortz's research has focused on the importance of physical exercise in the promotion of robust aging....

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Retiree Healthcare Expenses

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Retiree Healthcare Expenses

Longevity Annuity Sales Have Been Slow

Financial Planning reports that sales of longevity insurance or longevity annuities have been slow over the past couple of years. Many companies, including MetLife and The Hartford , have introduced products that are specifically intended to address longevity risk . However, sales of the products have been slower than many industry executives would have expected.

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Advanced Life Deferred Annuity

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Advanced Life Deferred Annuity

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Longevity Insurance

Annuity Sales

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MetLife

Why Buy Health Insurance When Health Reform Offers-Up Such an Inexpensive Put Option?

The Obama health reform legislation has the potential to create some serious adverse selection issues for health insurance companies.

Stated differently, there really does not seem to be a rational basis for purchasing an individual health insurance product under Obamacare.

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Massachusetts Health Insurance Market Shuts Down

The small group health insurance market in Massachusetts has temporarily shut down. Governor Deval Patrick rejected 90 percent of the rate increases that had been sought by the state's health insurers. In response, the health insurers have stopped selling any new policies.

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Insurance

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Health

Health Insurance