Insurer Pacific Life Sees AIG Hangover, Policy Sales Strong

The 141 -year-old company offers life insurance policies and investments for individuals and companies, counting more than half of the 100 largest U.S. companies as customers. In August, a unit of Thomson Reuters Corp. reported that Pacific Life saw a 19.5% yearly rise to $24.6 billion in life insur...

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Bibliographic Details
Published inOrange County Business Journal Vol. 32; no. 48; p. 3
Main Author Beighley, Dan
Format Trade Publication Article
LanguageEnglish
Published Newport Beach CBJ, L. P 30.11.2009
Subjects
Bond ratings
Credit ratings
Insurance policies
Investments
Life insurance
Mortgages
Policyholders
Rating services
Sales
Securities markets
Statistical data
Variable annuities
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Summary:The 141 -year-old company offers life insurance policies and investments for individuals and companies, counting more than half of the 100 largest U.S. companies as customers. In August, a unit of Thomson Reuters Corp. reported that Pacific Life saw a 19.5% yearly rise to $24.6 billion in life insurance policies issued from 2007 to 2008, even as the industry saw a 1.2% decline to $1.8 trillion.
ISSN:1051-7480