NU Online News Service, May 7, 2003, 3:40 p.m. EDT – Many life insurance company chief financial officers say their companies could acquire blocks of business during the next 12 months, and about half say their companies could acquire other companies, according to Tillinghast-Tower -Perrin, New York.
The actuarial consulting firm has based the conclusions on an informal survey of 35 life company CFOs.
Most of the CFOs work for large and midsize publicly traded insurers, Tillinghast says.