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    • Ameriprise Is Getting More Inquiries on Sales of Policy Blocks

    July 30, 2018 by Richard Bedard

    Ameriprise says it has been getting more interest from buyers looking for blocks of annuity and long-term-care policies, as private equity firms prowl for deals.

     

    “Obviously, we’ve gotten more inquiries coming in,” said CFO Walter Berman during a July 25 call about its second-quarter earnings, in response to a question from a Goldman Sachs analyst. The Seeking Alpha website provided a transcript.

     

    Click HERE to read the full story via Life Annuity Specialist; subscription required.

    Originally Posted at Life Annuity Specialist on July 30, 2018 by Richard Bedard.

    Categories: Industry Articles
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