Little-Known, AAA-Rated Firms Are Beating the Insurance Giants

  • Shareholder activism seen as a handicap in $4 trillion market
  • Rise of ‘short-termism’ pressures MetLife, Prudential and AIG

The MetLife Inc. headquarters building stands behind the Helmsley Building in New York.

Photographer: Michael Nagle/Bloomberg
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Are shareholders bad for business?

More and more, the answer in the U.S. life insurance industry is turning out to be a resounding “yes.”