Insurance Companies Report Stock Price Update, Appointments, Sale of Subsidiary, Strategic Alliances, and Achievements - Research Report on AIG, The Hartford, ACE, Progressive, and Allstate
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NEW YORK, December 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting American International Group, Inc. (NYSE: AIG), Hartford Financial Services Group Inc. (NYSE: HIG), ACE Limited (NYSE: ACE), Progressive Corp. (NYSE: PGR), and The Allstate Corporation (NYSE: ALL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
American International Group, Inc. Research Report
On December 13, 2013, American International Group, Inc.'s (AIG) stock gained 0.63%, closing the day's session at $49.73. The Company's stock edged up 0.87% in the past three days trading sessions, compared to the S&P 500 which declined 1.51% over the same period. The Full Research Report on American International Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/9065_AIG
Hartford Financial Services Group Inc. Research Report
On December 12, 2013, Hartford Financial Services Group Inc. (The Hartford) announced that it has completed the sale of its subsidiary, Hartford Life International Limited (HLIL), in a cash transaction of c.$285 million to Columbia Insurance Company, a Berkshire Hathaway company. The Full Research Report on Hartford Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/ef1f_HIG
ACE Limited Research Report
On December 13, 2013, ACE Limited (ACE) reported that its subsidiary, ACE Group's U.S. based retail operations ACE USA has appointed Carl Sutter as Senior Vice President, Distribution Management. According to the Company, in his new role, Mr. Sutter will work collaboratively with ACE USA's regional teams across the country, and will be responsible for developing strategic broker relationships, and driving broker-specific distribution strategies on a national basis for all ACE operating units. ACE informed that Mr. Sutter will report to Ed Zaccaria, Division President, ACE USA Regional Operations. Commenting on the appointment, Mr. Zaccaria stated, "I'm pleased to welcome Carl into this growing practice within ACE USA's regional operations. He joins a team of senior level executives with similar responsibilities and a track record of successful management of our key broker initiatives. Carl is a proven leader with an extensive background in relationship management. His wide-ranging knowledge of ACE's global and specialty product capabilities as well as his established reputation with our brokers, positions him well to take on this new responsibility." The Full Research Report on ACE Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/97fa_ACE
Progressive Corp. Research Report
On December 11, 2013, Progressive Corp. (Progressive) reported that Progressive® Insurance has earned a 100% score in the 2014 Corporate Equality Index (CEI), which is a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation. According to Progressive, the Company scored 100% for the fifth time on the survey. Commenting on the achievement, John Hoppes, National Recruiting Director at Progressive, stated, "Progressive is committed to building a diverse workforce and inclusive culture. The CEI has become the top recognition of corporate commitments to LGBT employees and their families, and we are proud that we remain on this growing list of companies." The Full Research Report on Progressive Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1d42_PGR
The Allstate Corporation Research Report
On December 9, 2013, The Allstate Corporation (Allstate) announced a strategic alliance with ING Companies to offer its customers a full suite of fixed annuity product offerings issued by the latter. According to the Company, the fixed annuity products are issued by ING USA Annuity and Life Insurance Company (ING USA) and ING Life Insurance and Annuity Company. Don Civgin, President and CEO of Allstate Financial, stated, "When Allstate Financial announced in July that we would no longer issue fixed annuities after 2013, we began searching for other companies to help us continue supporting Allstate customers with these retirement products. ING U.S. is our first strategic alliance since the announcement. We chose ING U.S. because of its financial and brand strength, leadership in the annuity industry, and fixed annuity solutions that complement our life, retirement, savings, long-term care and disability products that are Allstate-branded or issued by other leading insurers. We look forward to bringing ING U.S. fixed annuities to Allstate customers." The Full Research Report on The Allstate Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/551b_ALL
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