Bob MacDonald on Business

Sage Advice on Insurance and Financial Services from the Perennial Maverick

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Entries Tagged as 'life insurance industry'

Ernst & Young Dumbs-Down to Life Insurance Industry

January 25th, 2010 · 1 Comment · Blog, Business Ethics, Business Management, Financial Services, Insurance Marketing

Earlier this month Ernst & Young, the international accounting and consulting firm, issued a report titled, “US Life Insurance Industry Outlook.” Reading the report causes one to wonder: Are the people of E&Y really that simple-minded (and would go prove my long-held beliefs about consultants) or were they making an effort to get down to [...]

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Insurance Industry Crisis Creates New Opportunites

April 13th, 2009 · 3 Comments · Blog, Financial Services, Insurance Marketing

Update: My head is spinning. Allianz Life cannot make up its mind.
This article originally included a link to a Street.com story which stated that “five” insurance companies held more of the riskier bonds, the ones rated “A” or less, including Allianz Life Insurance, which caused Allianz to be “most vulnerable” to future financial pain.
When [...]

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The Black Hole of the Life Insurance Industry: Agent Training

January 21st, 2009 · No Comments · Blog, Business Management, Financial Services, Insurance Marketing

It is safe to say that the life insurance industry is adrift in a sea of problems and challenges. The ongoing financial crisis has exposed what are – at best – questionable decisions by the management of a number of companies. Great icons of the industry – Hartford, Prudential, Lincoln National Corp. and Principal Financial [...]

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