The 68-year-old CEO of insurer AIG, Robert Benmosche, says people are living too long to retire when they are in their 50s and 60s.
During the past two weeks, I spoke with most of the major insurance organizations regarding the implications for insurance companies of the financial reforms that President Obama signed into law Wednesday. Their mood was far from celebratory but their sense of relief was palpable. Simply put, big insurance dodged a bullet. Let’s look at that