BestWeek Explores Motivations Behind MetLife's Big Buy.OLDWICK, N.J. -- The February 7 issue of BestWeek offers exclusive, in-depth stories on industry giant MetLife's recent $11.5 billion acquisition of Travelers' Life & Annuity unit Annuity Unit An accumulation unit for which the annuitant has annuitized their contract. This is a sub-account of the retiree's total accumulated annuity. These units represents a fixed share of ownership of the insurer's accounts portfolio. . BestWeek offers a fresh perspective on MetLife's drive to become the largest life insurer of them all in terms of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. individual life insurance sales, as well as its aim to gain access to the proprietary distribution channel of Travelers' parent Citigroup Inc. Industry consultants and equity analysts offer up insights on the deal, noting that this is an instance of one company exiting non-core business and another using technology to grow scale. BestWeek is published by A.M. Best Co. for insurance professionals, including home office executives, agents, brokers and others who are affiliated with the industry, including bankers, lawyers and educators. An accompanying article offers exclusive interviews with Citigroup and Primerica Life Insurance Co. executives, who explain why Citigroup decided to keep life subsidiary Primerica for itself. Adding even more perspective on the financial impact of the merger is a full-page of graphics based The display of text and pictures as graphics images; typically bitmapped images. Contrast with text based. on proprietary data from A.M. Best showing who the top industry writers will be following the deal and a timeline on Citigroup's history, starting with its inception in 1812. Also featured in this issue is an in-depth interview with Tim Gardner, managing director of reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. broker Guy Carpenter Guy Carpenter was fictional character in the Australian soap opera Neighbours played by Andrew Williams from 1991 to 1992. Family Tree
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