A federal judge struck down the designation, rejecting the FSOCs rationale for classifying MetLife as a systemically important financial institution.

Chief Investment Officer Judy Greffin is retiring effective March 31, after helping diversify Allstate's portfolio beyond bonds.

Allstate helped form a freight rail-car leasing company as CEO Tom Wilson expands his bets on hard assets to generate better returns than bonds.

Dan Loebs reinsurer cited risks tied to regulation as the IRS and U.S. Senator Ron Wyden work to limit what the lawmaker called a tax loophole used by hedge fund managers to route investments abroad.

The insurance businesses had a fourth-quarter underwriting gain of $306 million driven by improvements at General Re and BH Reinsurance.

MetLife plans to keep its property-casualty unit, which sells auto and home insurance.

Munich Res American Modern Insurance Group is retreating from the business of providing protection to mortgage lenders on U.S. homes in which borrowers have lapsed on premiums.

California Insurance Commissioner Dave Jones is urging insurers to voluntarily divest from thermal coal, citing the risks of climate change and the danger of losses on assets backing policyholder obligations.