1. MassMutual reports strong sales, lower earnings

    MassMutual reports strong sales, lower earnings

    But sales of MassMutual’s core products, retirement plans and whole-life insurance policies, remained strong, according to a company news release. For the year ended 2011, sales for whole-life insurance were $241 million, up 2 percent from $237 million in 2010, and retirement plan sales from its Retirement Services business totaled $6 billion, up 13 percent from $5.3 billion in 2010. Both were record levels for the company.

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