Voya, Unum, Genworth Earnings Calls
May 4, 2018 by Cyril Tuohy
Voya Financial will save up to $130 million in annual expenses after the company sells its annuity business, chairman and CEO Rod Martin said Wednesday.
Once the annuity sale closes in the second or third quarter, the company will review its life insurance portfolio.
But it would be “premature to draw a conclusion that we’ve made any decision other than we are again going to examine every single thoughtful option,” Martin told analysts in a conference call.
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Originally Posted at InsuranceNewsNet on May 3, 2018 by Cyril Tuohy.
Categories: Industry Articles