10/31 Yahoo! Finance: Life Insurance Industry News

Yahoo! Finance: Life Insurance Industry News         Genworth Financial Stock Sinks October 30, 2010 at 12:16 AM         Genworth Suffers 3Q Mortgage Loss October 29, 2010 at 10:50 PM         MetLife Posts Mixed Results October 29, 2010 at 8:55 PM         MetLife Makes Strides With Third-Quarter Profit October 29, 2010 at 7:50 PM         Steve Eisman On Genworth Conference Call: I Will Throw You Out Of Here October 29, 2010 at 7:49 PM         MetLife's Sells Japan JV to Focus on ALICO October 29, 2010 at 7:35 PM         MetLife Misses Estimates; Shares Slip October 29, 2010 at 7:27 PM         MetLife Q3 2010 Earnings Call Transcript October 29, 2010 at 7:05 PM         [video] Earnings after the Bell: MetLife, Sunoco October 29, 2010 at 6:50 PM         Financial Stocks: Genworth leads financial stocks lower October 29, 2010 at 6:13 PM   [at MarketWatch] - Shares of Genworth are the biggest financial-sector decliner. The company reports disappointing results, weighed down by losses in mortgage insurance.         Insurers Look to Dump 'Non-Core' Businesses October 29, 2010 at 5:02 PM         AIG's AIA Shines in Hong Kong Debut October 29, 2010 at 3:55 PM         Insurers Genworth, MetLife slammed after results October 29, 2010 at 3:48 PM         MetLife Falls After Quarterly Profit Misses Analysts' Estimates October 29, 2010 at 3:37 PM         MetLife selling stake in Japan venture for $275M October 29, 2010 at 2:54 PM   [AP] - MetLife Inc. said Friday it has reached a deal to sell its stake in a Japanese joint venture for $275 million. The New York-based life insurer will sell its portion of Mitsui Sumitomo MetLife Insurance Co. to its Japanese partner in the venture, MS&AD Insurance Group Holdings Inc.         MetLife Expects Alico to Pay 'Healthy' Dividend to Insurer October 29, 2010 at 2:48 PM         MetLife Says Private-Equity Returns to Be 'Strong' This Quarter October 29, 2010 at 2:35 PM         AIA Group rises 17% in Hong Kong debut October 29, 2010 at 2:20 PM   [at MarketWatch] - Pan-Asian life insurer rallies in Hong Kong trading debut, having raised $17.8 billion in the city's largest-ever initial public offering, reflecting an upbeat outlook for the company.         MetLife to Sell Japanese Joint Venture to MS&AD for $275 Million October 29, 2010 at 9:09 AM         MetLife announces sale of Japan Joint Venture stake to MS&AD October 29, 2010 at 9:00 AM   [Business Wire] - MetLife announced today that MetLife Worldwide Holdings, Inc. , an indirect, wholly owned subsidiary of MetLife, Inc., has entered into an agreement to sell its interest in its Japanese joint venture, Mitsui Sumitomo MetLife Insurance Co., Ltd. , to its joint venture partner, MS&AD Insurance Group Holdings, Inc. , for ¥22,525,000,000 .         Genworth Financial shares sink on 3Q report October 29, 2010 at 12:30 AM   [AP] - Shares of Genworth Financial Inc. tumbled in aftermarket trading Thursday after the financial services company reported a third-quarter profit that fell short of Wall Street expectations, in part due to heavy losses at its mortgage insurance business.         MetLife, Genworth miss earnings estimates October 29, 2010 at 12:12 AM   [at MarketWatch] - MetLife Inc. shares give up 3.2%, while Genworth stock falls more than 6% in after-hours trading Thursday.         MetLife Sags on Q3 Miss; Corporate Sales Decline October 29, 2010 at 12:09 AM         Genworth Falling In After-Hours As Insurance Profits Fall October 29, 2010 at 12:04 AM         SUMMARY BOX: MetLife posts profit in 3rd quarter October 28, 2010 at 11:45 PM   [AP] - THE BOTTOM LINE: MetLife Inc. swung to a profit in the third quarter as its steep investment losses from a year ago eased, although operating income missed Street expectations.         MetLife posts 3Q profit on investment gains October 28, 2010 at 11:41 PM   [AP] - MetLife Inc. said Thursday that easing investment losses helped push its third-quarter results into the black. The performance nevertheless missed Wall Street expectations, as the New York-based life insurer raised capital for its $15.5 billion purchase of American Life Insurance Co., or Alico.         Genworth's Profit Misses Analysts' Estimates on Mortgage-Insurance Losses October 28, 2010 at 11:08 PM         [$$] Genworth Posts Profit Drop; MetLife Swings to Black October 28, 2010 at 10:59 PM         MetLife Swings to Profit on Derivatives, Misses Estimates October 28, 2010 at 10:49 PM         Genworth quarterly net income $83 million October 28, 2010 at 10:26 PM         MetLife quarterly net income $286 mln October 28, 2010 at 10:12 PM         Genworth Financial Announces Third Quarter 2010 Results October 28, 2010 at 10:07 PM   [PR Newswire] - Genworth Financial, Inc. today reported results for the third quarter of 2010. Net income was $83 million, or $0.17 per diluted share, compared with a net income of $19 million, or $0.04 per diluted share, in the third quarter of 2009.         Metlife Third-Quarter Operating EPS 99c, Est. $1.03 October 28, 2010 at 10:03 PM         MetLife Announces Third Quarter 2010 Results October 28, 2010 at 10:03 PM   [Business Wire] - MetLife, Inc. today reported third quarter 2010 net income1 of $286 million, or $0.32 per share, which reflects net investment and net derivatives gains and losses. Operating earnings2 for the third quarter of 2010 were $878 million, or $0.99 per share.         Local Prudential Real Estate affiliate positioned for growth under new leadership October 28, 2010 at 8:43 PM   [Business Wire] - Local residents Tom and Beth Wilson, the only couple to win REALTOR® of the Year awards in their local association, today announced they are the new majority owners of Prudential Radford & Associates, REALTORS®.         American National Declares Quarterly Dividend October 28, 2010 at 8:31 PM   [GlobeNewswire] - GALVESTON, Texas -- American National Insurance Company's board of directors declared a quarterly dividend of 77 cents per share on its common stock, CUSIP #028591-105, payable December 17, 2010 to shareholders of record as of the close of business on December 3, 2010.         [$$] China Life Net Rises 3.4% October 28, 2010 at 5:27 PM         Torchmark Corporation Announces Third Quarter 2010 Earnings Release and Conference Call October 28, 2010 at 1:00 PM   [PR Newswire] - Torchmark Corporation will release Third Quarter 2010 earnings after the market closes on Wednesday, October 27, 2010.  At that time a copy of the Company's Q3-2010 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website at www.torchmarkcorp.com on the Investor Relations page.  In conjunction with Torchmark's Third Quarter 2010 Earnings Release, you are invited to listen to a conference call that will be broadcast live over the Internet on Thursday, October 28, 2010 at 11:00 a.m.         MS&AD Said in Talks to Purchase MetLife Stake in Japanese Joint Venture October 28, 2010 at 9:50 AM         Mortgage battle gains steam as investors recruited October 28, 2010 at 9:01 AM   [Reuters] - A group of mortgage investors seeking to pressure lenders to buy back potentially billions of dollars in bad loans says its ranks are swelling and it will soon deliver strong evidence that banks have treated investors unfairly.         Mortgage battle gains steam as investors recruited October 28, 2010 at 9:01 AM   [Reuters] - A group of mortgage investors seeking to pressure lenders to buy back potentially billions of dollars in bad loans says its ranks are swelling and it will soon deliver strong evidence that banks have treated investors unfairly.             This email was sent to bruno.jovanov.insurance@blogger.com. 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