Both Allstate and Prudential, the two largest publicly traded insurers, have announced plans to return cash to shareholders.
Continue reading Allstate, Prudential Return Cash to Shareholders Through Buybacks, D…
As expected, American International Group (AIG) said Thursday it will sell AIG Star Life Insurance and AIG Edison Life Insurance in Japan to Prudential Financial (PRU) for $4.8 billion. The deal marks yet another step in the bailed-out insurer’s effort…
AIG’s successful run of getting lawsuits against it dismissed has ended. On Monday, U.S. District Judge Laura Taylor Swain gave the green light to a securities fraud class action case regarding AIGs credit default swap portfoli…