|
|
Article: Pan-American Life Insurance Company Reports Record 2006 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Insurer Achieves Record Levels of Life Sales, Total Capital
NEW ORLEANS -- Pan-American Life Insurance Group announced today that 2006 was one of the most successful years in the 95-year history of its flagship business Pan-American Life Insurance Company, with record levels of life insurance sales, and total surplus.
According to financial reports released by the company, Pan-American Life's 2006 statutory revenues came in at $262.4 million, up from $242.2, led by outstanding sales increases of 50% in life insurance sales; including an 85% increase in the international dollar market, and a 26% improvement in Latin America.
"We are very proud ...