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Article: Scottish Annuity & Life Holdings, Ltd. Expects Minimal Exposure to World Trade Center and Pentagon Tragedies.
- Article from:
- Business Wire
- Article date:
- September 13, 2001
CopyrightCOPYRIGHT 2001 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)
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Business Editors
GEORGE TOWN, Grand Cayman--(BUSINESS WIRE)--Sept. 13, 2001
Scottish Annuity & Life Holdings, Ltd. (Nasdaq:SCOT) announced today that it does not expect to be adversely impacted by an increase in claims that might arise from Tuesday's terrorist attacks on the World Trade Center and the Pentagon.
"Our companies do not reinsure group life plans, corporate-owned life insurance, personal accident products and workman's compensation programs," said Scott E. Willkomm, President of Scottish Annuity & Life. "Since much of our business has come out of the Midwestern and Western states, we have limited exposure to the Northeast corridor. ...
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