NU Online News Service, April 18, 2005, 12:30 p.m. EDT
The Savings Bank Life Insurance Company of Massachusetts, Boston, saw income drop last year despite increased revenues.[@@]
SBLI says revenue grew 6.5% last year, to $313.6 million, from $295 million the year before. But net income fell to $9.8 million from $13.1 million the previous year.