National Underwriter Life & Health-Financial Services Edition, February 7th, 2000
Here we are, one month into the new millennium (notwithstanding the protests of purists who insist the third millennium doesn't really arrive until next Jan. 1), and the life insurance business has begun to enter 'brave new world' territory as perhaps never before.
A couple of weeks ago John Hancock, the first of a truckload, of huge Eastern mutual life insurers in the process of changing their structure went public. Its initial public offering brought in a respectable $1.7 billion.
Metropolitan and Prudential are not far behind. Their debuts as public companies should be equally, if not m...
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