MetLife Inc., the New York-based insurer that traces its roots to the 1860s, said its come up with a new name for a U.S. retail unit thats slated for separation.
Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam above New York City in forays meant to undermine U.S. markets and national security.
Price optimization refers to an insurers practice of varying premiums based upon factors that are unrelated to risk of loss in order to charge each insured the highest price that the market will bear.