Jeff Passmore News Today

This plea is NOT to central bankers or policymakers. Their bloated egos, gross stupidity, and blatant self-interest rendered them deaf to anything other than fawning (but very much undeserved) applause and accolades. No, dear reader, this plea to stop and listen to history is for you.

Higher discount rates have helped, but investment managers suggest sponsors be mindful of risks ahead.

Plans have been helped by higher discount rates, but investment managers suggest sponsors be mindful of risks ahead.

MetLife Investment Management fills lead LDI strategist role; Smart adds head of fiduciary oversight; Principal announces new U.S. retirement business president; and more.

MetLife Investment Management fills lead LDI strategist role; Smart adds head of fiduciary oversight; Principal announces new U.S. retirement business president; and more.

MetLife Investment Management (MIM) has hired Jeff Passmore to a newly created role of Lead Liability Driven Investing (LDI) Strategist in the firm’s Public Fixed Income department.

Hallmark Financial Services, Inc. announced last Thursday that it will no longer actively pursue a previously announced separation of its specialty

The Fed’s reaction to inflation expectations and the outcome of proposed legislation will affect defined benefit plan sponsors’ actions during the remainder of the year.

Insurer Hallmark Financial Explores Splitting Off Its Specialty Commercial Lines Business Currently the company is comprised of three business segments—specialty commercial, standard commercial and personal. The specialty commercial segment represented 75 percent of the company’s gross premium written ( 68 percent of net premium written), through the first nine months of 2020. The segment’s diversified portfolio of products is placed almost exclusively through wholesale brokers, with the ...

Specialty Insurer Hallmark Financial CEO Anand Resigns; AM Best Maintains ‘A-‘ Rating January 20, 2021 AM Best announced that it would not change the “A-” financial strength ratings of the members of Dallas-based specialty insurer Hallmark Insurance Group nor the “bbb-” long-term issue credit rating of Hallmark Financial Services, after Hallmark Financial announced its chief executive officer is resigning. An 8-K filing with the Securities and Exc...