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Annuity & Life Postpones Earnings Release

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NU Online News Service, March 3, 2003, 10:28 a.m. EDT – Annuity and Life (Holdings) Ltd., Hamilton, Bermuda, says it has postponed its earnings release for the fourth quarter of 2002.

The company says it is delaying the release mainly so that it will have more time to analyze its fourth-quarter loss.

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The company recently announced it was suspending the sale of new reinsurance coverage.