| Business Summary | | Allmerica
Financial
Corp.
is
a
non-insurance
holding
company.
The
Company
offers
financial
products
and
services
in
two
major
areas,
Risk
Management
and
Asset
Accumulation.
Within
these
broad
areas,
the
Company
conducts
business
principally
in
three
operating
segments.
These
segments
are
Risk
Management,
Allmerica
Financial
Services
and
Allmerica
Asset
Management.
The
Company's
Risk
Management
segment
consists
primarily
of
its
property
and
casualty
operations.
The
Company's
Asset
Accumulation
segment
consists
of
Allmerica
Financial
Services,
which
offers
individual
financial
products
and
the
group
retirement
products.
Through
the
Allmerica
Asset
Management
segment,
the
Company
offers
Stable
Value
Products,
such
as
Guaranteed
Investment
Contracts
(GICs)
and
funding
agreements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Allmerica
Financial
Corp.
is
a
holding
co.
for
a
group
of
insurance
and
financial
services
companies,
offering
financial
products
and
services
in
Risk
Management
and
Retirement
and
Asset
Accumulation.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$1.64
billion.
Net
income
before
acct.
change
fell
49%
to
$39.6
million.
Results
reflect
higher
sales
from
the
Risk
Management
segment,
offset
by
higher
losses
and
loss
adjustment
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| John O'Brien, 56 CEO,
Pres, | $4.0M | -- | Edward Parry, III, 40 VP,
Treasurer, and CFO | -- | -- | John Kavanaugh, 45 VP
and CIO | 740K | $125K | J. Huber, 45 VP,
Gen. Counsel | -- | -- | Bruce Anderson, 55 VP | -- | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|