Randy Binner, Friedman Billings Ramsey

Prudential Financial Inc (PRU) - Randy Binner at Friedman Billings Ramsey

The divestment of smaller units may follow, drawing interest from rivals seeking Asian growth like Prudential Financial Inc of the U.S and Axa SA and Allianz SE, said Randy Binner, an analyst with FBR Capital Markets. "The Asian market is higher growth, and I think that's very much reflected in the price that they're paying for this property," Douglas Meyer, a Fitch insurance analyst, said of London based Prudential's AIA deal 

Allianz SE (ALV) - Randy Binner at Friedman Billings Ramsey

The divestment of smaller units may follow, drawing interest from rivals seeking Asian growth like Prudential Financial Inc of the U.S and Axa SA and Allianz SE, said Randy Binner, an analyst with FBR Capital Markets. 

American International Group, Inc. (AIG) - Randy Binner at Friedman Billings Ramsey

Swift will report to McGee, a former Bank of America Corp executive "The risk management was not sufficient," said Randy Binner, an analyst with FBR Capital Markets, in an interview before the new CFO was announced "They did not position themselves as well as some others" 

Delphi Financial Group, Inc. (DFG) - Randy Binner at Friedman Billings Ramsey

Analyst Randy Binner at FBR Capital Markets (NASDAQ: FBCM) has released an update on Delphi Financial Group, Inc. (NYSE: DFG). The company has reported results for the fourth quarter Delphi reported operating EPS of $086 for the fourth quarter, which came in slightly below FBR's estimate of $089, and consensus of $088 

MetLife, Inc. (MET) - Randy Binner at Friedman Billings Ramsey

The New York based life insurer said it expects fourth quarter operating earnings , which excludes one time charges and investment gains and losses , to range between 90 cents and 95 cents per share Its results should be helped by an increase of roughly 7 percent in revenue from premiums and fees, MetLife said That could amount to between $85 billion and $91 billion from money derived from writing new policies, fees and other revenues FBR Capital Markets analyst Randy Binner predicts MetLife will record a profit of 93 cents per share for the fourth quarter Positive hedge fund returns and solid annuity and international segment results should contribute to favorable results, Binner said 

Conseco, Inc. (CNO) - Randy Binner at Friedman Billings Ramsey

The company operates in three segments: Bankers Life, Colonial Penn, and Conseco Insurance Group. Here is an article from the day the news broke and why it is an important development to keep the company out of bankruptcy. Shares of insurer Conseco Inc. soared to a 12 month high Wednesday after it announced measures to significantly strengthen its balance sheet, including an $77.9 million investment from prominent hedge fund Paulson & Co. . While the moves will dilute existing shareholders they will allow Conseco to retire debt and could help offset credit losses, FBR Capital Markets analyst Randy Binner said in a note to investors Wednesday.  

Conseco Insurance Company - Randy Binner at Friedman Billings Ramsey

The company operates in three segments: Bankers Life, Colonial Penn, and Conseco Insurance Group. Here is an article from the day the news broke and why it is an important development to keep the company out of bankruptcy. Shares of insurer Conseco Inc. soared to a 12 month high Wednesday after it announced measures to significantly strengthen its balance sheet, including an $77.9 million investment from prominent hedge fund Paulson & Co. . While the moves will dilute existing shareholders they will allow Conseco to retire debt and could help offset credit losses, FBR Capital Markets analyst Randy Binner said in a note to investors Wednesday.  

Conseco, Inc. (CNO) - Randy Binner at Friedman Billings Ramsey

"The potential convert exchange..is a material positive and removes the primary roadblock that has been standing in the way of the company returning to a more normalized valuation," FBR Capital Markets analyst Randy Binner said and upgraded the shares to "outperform" from market perform." Binner said Conseco's $200 million share offering will see a 10 percent to 15 percent fall in 2010 earnings per share. 

Conseco, Inc. (CNO) - Randy Binner at Friedman Billings Ramsey

By March this year, at the height of the stock market panic, Randy Binner, an analyst at FBR Capital Markets, estimated that Conseco's credit losses could soar to 970% of the insurer's current excess capital and future extra capital generated from any earnings in 2009 and 2010. Binner said at the time that Conseco and other life insurers could be forced to raise new capital. See full story. Paulson isn't the only hedge fund that's been lured by Conseco. 

MetLife, Inc. (MET) - Randy Binner at Friedman Billings Ramsey

Hartford, which was downgraded three times by Standard & Poor's this year, is fighting to keep pace with rivals with higher credit grades including MetLife Inc., the biggest U.S life insurer, and No. 2 Prudential Financial Inc. "There's this idea out there that they are losing that battle to their competitors," Randy Binner , an analyst with FBR Capital Markets, said in an interview.  

Prudential Financial Inc (PRU) - Randy Binner at Friedman Billings Ramsey

Hartford, which was downgraded three times by Standard & Poor's this year, is fighting to keep pace with rivals with higher credit grades including MetLife Inc., the biggest U.S life insurer, and No. 2 Prudential Financial Inc. "There's this idea out there that they are losing that battle to their competitors," Randy Binner , an analyst with FBR Capital Markets, said in an interview.