Life Insurance Companies Announce Record Annual Originations, Promotions, and Appointments - Analyst Notes on Prudential Financial, Genworth Financial, Lincoln, The Principal, and Manulife Financial
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NEW YORK, March 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Prudential Financial, Inc. (NYSE: PRU), Genworth Financial Inc. (NYSE: GNW), Lincoln National Corp. (NYSE: LNC), Principal Financial Group Inc. (NYSE: PFG), and Manulife Financial Corporation (NYSE: MFC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Prudential Financial, Inc. Analyst Notes
On March 6, 2014, Prudential Financial, Inc. (Prudential Financial) reported that the Prudential Capital Group has achieved more than $12 billion in annual originations in 2013. According to the release, the $12 billion in 2013 originations has exceeded the projected $11.6 billion originations target for 2013. Commenting on the release, Allen Weaver, Senior Managing Director and Head of Prudential Capital Group, stated, "Amid constantly changing markets, private debt capital continues to play a key role in helping companies take advantage of near-term opportunities and to plan for the future. Europe in particular was a significant driver as companies searched for alternate sources of capital amid uncertain economic conditions on the continent. In the U.S., the low-interest rate environment coupled with an improving economic climate contributed to increased production in our regional offices." The full analyst notes on Prudential Financial, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/PRU/report.pdf
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Genworth Financial Inc. Analyst Notes
On March 5, 2014, Genworth Financial Inc. (Genworth Financial) reported that its division Genworth Mortgage Insurance (Genworth MI) has announced the realignment and expansion of its sales team to help mortgage originators grow their business and provide better customer service. According to the release, the new sales team divides into five regions with a regional vice president overseeing experienced teams, such as Erin Kirkeeng - West; Chad Gomoll - South Central; Maureen Doherty - North Central; Michael Haboush - Northeast; and Robert Szarek - Southeast. Matt Young, Genworth MI Senior Vice President for Sales, commented, "Genworth MI offers very competitive pricing and the industry's broadest underwriting guidelines. But with the complexity of today's loan origination and servicing environment, customers want a partner that also can simplify their processes and help them grow their business. With these changes, our sales force will continue to meet our customers' high service expectations." The full analyst notes on Genworth Financial Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/GNW/report.pdf
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Lincoln National Corp. Analyst Notes
On March 3, 2014, Lincoln Financial Group Distribution (LFGD), the third-party wholesale business and retail wealth management affiliate of Lincoln National Corp. (Lincoln), reported that LuJean Smith has joined the organization as Vice President of Communications. According to the release, Smith will report to LFGD's Chief Marketing Officer Rich Aneser and will lead the strategy and implementation of LFGD's internal and external communications along with public relations and executive communications initiatives. Commenting on the release, Aneser, stated, "LuJean will add significant value to our team and play an integral role in driving LFGD's communications strategy, to better serve our partners and customers. We continue to invest in the growth of our wholesale and retail distribution business to take advantage of the opportunities and our strengths in the marketplace." The full analyst notes on Lincoln National Corp. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/LNC/report.pdf
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Principal Financial Group Inc. Analyst Notes
On February 26, 2014, Principal Financial Group Inc. (The Principal) announced senior management promotions and changes effective immediately, with Terry Lillis to Executive Vice President and CFO; Gary Scholten to Executive Vice President and Chief Information Officer; and Beth Raymond to Senior Vice President and Chief Human Resources Officer. Additionally, The Principal stated that along with the Company's senior management promotions, several Principal Global Investors executives were also named to new roles with David Blake as Senior Executive Director & Head of Principal Global Fixed Income; Pat Halter as Senior Executive Director - Principal Real Estate Investors; Barb McKenzie as Senior Executive Director & COO - Boutique Operations; and Ellen Shumway as Senior Executive Director - Strategy & Boutique Operations. The Company also stated that Mary O'Keefe, Senior Vice President and Chief Marketing Officer will retire by end of June 2014 after more than 24 years with the Company. The full analyst notes on Principal Financial Group Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03112014/PFG/report.pdf
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Manulife Financial Corporation Analyst Notes
On March 5, 2014, John Hancock Retirement Plan Services, a division of Manulife Financial Corporation (Manulife Financial), has reported that it will implement a new way of pricing its 401(k) plan services that will help plan sponsors directly address the issue of fairness in the allocation of plan expenses among participants. Commenting on the release, John Hancock Retirement Plan Services President, Peter Gordon, stated, "The response to JH Enterprise and specifically, interest in our ability to give plans the means to ensure a fair allocation of plan expenses among participants, has been tremendous." The full analyst notes on Manulife Financial Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03112014/MFC/report.pdf
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