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Tillinghast: Life CFOs Confident About Earnings

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Despite turmoil in the stock market, big life insurers did reasonably well during the third quarter.

About 63% of the 25 life company chief financial officers who participated in a recent survey by Tillinghast-Towers Perrin, New York, reported that net income and net revenue were at least 4% higher during the latest quarter than net income and net revenue were during the third quarter of 2006.