Americans Are Retiring Later, Dying Sooner and Sicker In-Between – Bloomberg

Here are the stats: The U.S. age-adjusted mortality rate—a measure of the number of deaths per year—rose 1.2 percent from 2014 to 2015, according to the Society of Actuaries. That’s the first year-over-year increase since 2005, and only the second rise greater than 1 percent since 1980.

Source: Americans Are Retiring Later, Dying Sooner and Sicker In-Between – Bloomberg

Yikes!

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Genworth Sold to China-based Firm – Richmond Times

The top executive at Genworth Financial Inc. assured analysts and investors Monday that the proposed sale to a China-based investment firm was “the best option” to preserve and create value for shareholders.

Genworth, a major seller of home mortgage insurance and long-term care insurance, announced Sunday evening that its board agreed for the Henrico County-based company to be bought for about $2.7 billion by Beijing-based China Oceanwide Holdings Group, a privately held international financial company that has been expanding its holdings in the U.S.

Source: Genworth CEO: selling company to China-based firm is ‘best option’ – Richmond Times-Dispatch: Richmond Area Business News