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December 13, 2002 at 07:00 PM
NU Online News Service, Dec. 13, 6:22 p.m. – Liberty Life Assurance Company, a subsidiary of Liberty Mutual Insurance Company, Boston, retained its lead in underwriting life and health insurance through banks in the first half of 2002, increasing new premiums generated through that channel to $58.2 million, from $45.4 million in the first half of 2001, reports Kenneth Kehrer Associates, Princeton, N.J., a financial services research firm.
Allstate Corp., Northbrook, Ill., just edged out AEGON USA for second place in new premiums in banks, increasing its take to $41.2 million during the first half, from $31.4 million. AEGON USA, a unit of AEGON N.V., The Hague, Netherlands, saw sales jump to $41.1 million, from $24.4 million.
