Investment Instruments

MassMutual will include smartphone-inspired graphic information in its statements, very cleary indicating participants' retirement readiness.

Approximately 36 percent of Seguros Monterrey New York Lifes staff will work out of the New York Life Tower.

Mutual of Omaha will stop taking applications for new multi-life LTCI programs and is cutting its commissions, as well as eliminating some benefits.

Allianz LIfe announced an operating profit of $381 million in the first half of 2012, up considerably from the same period in 2011.

Workers continued to stash more money in their 401(k) plans in the second quarter, but the stock market's modest decline left them slightly further behind in reaching their savings goals.

Prudential Financial Inc. said Wednesday that its net income jumped nearly threefold in the second quarter, as the life insurer recorded a one-time gain of nearly $2 billion as a stronger Japanese yen drove up the value of the company's derivatives.