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Allianz Life's Operating Profit Dips 9% in 2011
22.05.12
Allianz Life Insurance Company of North America , Minneapolis, posted an operating profit of $428 million for its 2011 financial year. The result is a decline of 9% from the $472 million in operating profit the company reported for all of 2010.
However, Allianz Life says its improved its capital position, reporting regulatory risked-based capital ratio growth from 294% to 361%, an increase of 67 percentage points from 2010. The company additional reported total premium (new sales and recurring premiums) of $10.8 billion for 2011, which was unchanged from the prior year.
Source: LifeHealthPro
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Worried Sick About Going to the Hospital?
PR Newswire (press release) - Apr 20, 2011
Similar policies, if approved, are underwritten in New York by a Colonial Life affiliate, The Paul Revere Life Insurance Company, Worcester, Mass. Colonial Life is based in Columbia, SC, and is a subsidiary of Unum Group, one of the world's leading
CLICO-Government moving to help investors get back their principals
Antigua Observer - Apr 27, 2011
BRIDGETOWN, Barbados, CMC – Prime Minister Fruendel Stuart says his administration is working to ensure that Barbadian policy holders with the troubled local operations of the Trinidad-based Colonial Life Insurance Company (CLICO) receive back their
Finance Minister 'owns' billions in CLICO
Trinidad & Tobago Express - Apr 24, 2011
Government, through Minister of Finance Winston Dookeran, owns billions of dollars worth of shares in the Colonial Life Insurance Company (Clico). This information is contained in the most recent
Barclays Capital (BCS) Analysts Begin Coverage on Unum Group (UNM)
American Banking News - Apr 19, 2011
The principal operating subsidiaries in the United States are Unum Life Insurance Company of America (Unum America), Provident Life and Accident Insurance Company (Provident), The Paul Revere Life Insurance Company (Paul Revere Life), and Colonial Life