A financial entity that pools risk and provides insurance coverage to individuals and organizations.

Goldman Sachs Near Deal to Buy Taikang Life from Axa

Reuters reports that an investment arm of Goldman is near to closing a deal to buy Taikang Life, China's number 4 life insurance company. The French insurer Axa currently owns a 15.6 percent stake in Taikang that is reportedly worth $1.05 billion. Goldman's bid for the assets competed with several other private equity companies. Source: Reuters
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Doctor Walter M. Bortz on the Challenge of Financing Human Longevity

Couple running with dog

Walter M. Bortz II, M.D., is a Clinical Associate Professor of Medicine at Stanford University School of Medicine and a graduate of Williams College and the University of Pennsylvania School of Medicine.

Recognized as one of America’s leading scientific experts on aging and longevity, Dr. Walter Bortz's research has focused on the importance of physical exercise in the promotion of robust aging....

The World is Very Long on Longevity Risk

Longevity risk is clearly a huge growth market.  One has to wonder, though, where the capacity to address this market opportunity will come from.


Ten Questions to Ask When a Financial Advisor Says: "You Know I'm Not a Big Fan of Annuities"

Many financial advisors seem conditioned to wear...

Is the River Source Variable annuity backed by the State Guaranty Association?

There are 2 parts of a