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Insurance Companies Report Stock Price Update, Appointments, Sale of Subsidiary, Strategic Alliances, and Achievements - Research Report on AIG, The Hartford, ACE, Progressive, and Allstate

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Dec 18, 2013, 08:53 ET

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NEW YORK, December 18, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting American International Group, Inc. (NYSE: AIG), Hartford Financial Services Group Inc. (NYSE: HIG), ACE Limited (NYSE: ACE), Progressive Corp. (NYSE: PGR), and The Allstate Corporation (NYSE: ALL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

American International Group, Inc. Research Report

On December 13, 2013, American International Group, Inc.'s (AIG) stock gained 0.63%, closing the day's session at $49.73. The Company's stock edged up 0.87% in the past three days trading sessions, compared to the S&P 500 which declined 1.51% over the same period. The Full Research Report on American International Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/9065_AIG

Hartford Financial Services Group Inc. Research Report

On December 12, 2013, Hartford Financial Services Group Inc. (The Hartford) announced that it has completed the sale of its subsidiary, Hartford Life International Limited (HLIL), in a cash transaction of c.$285 million to Columbia Insurance Company, a Berkshire Hathaway company. The Full Research Report on Hartford Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/ef1f_HIG

ACE Limited Research Report

On December 13, 2013, ACE Limited (ACE) reported that its subsidiary, ACE Group's U.S. based retail operations ACE USA has appointed Carl Sutter as Senior Vice President, Distribution Management. According to the Company, in his new role, Mr. Sutter will work collaboratively with ACE USA's regional teams across the country, and will be responsible for developing strategic broker relationships, and driving broker-specific distribution strategies on a national basis for all ACE operating units. ACE informed that Mr. Sutter will report to Ed Zaccaria, Division President, ACE USA Regional Operations. Commenting on the appointment, Mr. Zaccaria stated, "I'm pleased to welcome Carl into this growing practice within ACE USA's regional operations. He joins a team of senior level executives with similar responsibilities and a track record of successful management of our key broker initiatives. Carl is a proven leader with an extensive background in relationship management. His wide-ranging knowledge of ACE's global and specialty product capabilities as well as his established reputation with our brokers, positions him well to take on this new responsibility." The Full Research Report on ACE Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/97fa_ACE

Progressive Corp. Research Report  

On December 11, 2013, Progressive Corp. (Progressive) reported that Progressive® Insurance has earned a 100% score in the 2014 Corporate Equality Index (CEI), which is a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation. According to Progressive, the Company scored 100% for the fifth time on the survey. Commenting on the achievement, John Hoppes, National Recruiting Director at Progressive, stated, "Progressive is committed to building a diverse workforce and inclusive culture. The CEI has become the top recognition of corporate commitments to LGBT employees and their families, and we are proud that we remain on this growing list of companies." The Full Research Report on Progressive Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/1d42_PGR

The Allstate Corporation Research Report

On December 9, 2013, The Allstate Corporation (Allstate) announced a strategic alliance with ING Companies to offer its customers a full suite of fixed annuity product offerings issued by the latter.  According to the Company, the fixed annuity products are issued by ING USA Annuity and Life Insurance Company (ING USA) and ING Life Insurance and Annuity Company. Don Civgin, President and CEO of Allstate Financial, stated, "When Allstate Financial announced in July that we would no longer issue fixed annuities after 2013, we began searching for other companies to help us continue supporting Allstate customers with these retirement products. ING U.S. is our first strategic alliance since the announcement. We chose ING U.S. because of its financial and brand strength, leadership in the annuity industry, and fixed annuity solutions that complement our life, retirement, savings, long-term care and disability products that are Allstate-branded or issued by other leading insurers. We look forward to bringing ING U.S. fixed annuities to Allstate customers." The Full Research Report on The Allstate Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/551b_ALL

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsCorner.com

SOURCE Analysts' Corner

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