NU Online News Service, Jan. 20, 2005, 9:31 a.m. EST
Strong business volume helped improve life and annuity results at a big New York financial services company.[@@]
The company, Citigroup Inc., is reporting $274 million in life and annuity net income for the fourth quarter of 2004 on $1.5 billion in life and annuity revenue, up from $185 million in life and annuity net income on $1.3 billion in life and annuity revenue for the fourth quarter of 2003.