| Business Summary | | Annuity
and
Life
RE
Holdings,
Ltd.
provides
annuity
and
life
reinsurance
to
insurers
and
reinsurers
through
its
wholly
owned
subsidiaries:
Annuity
and
Life
Reassurance,
Ltd.,
licensed
as
a
long-term
insurer;
Annuity
and
Life
RE
America,
Inc.,
an
insurance
holding
company;
and
Annuity
and
Life
Reassurance
America,
Inc.,
formerly
Capitol
Bankers
Life
Insurance
Company,
a
life
insurance
company
authorized
to
conduct
business
in
43
states.
The
Company's
life
reinsurance
business
is
the
reinsurance
of
ordinary
life
insurance,
primarily
for
mortality
risks;
its
annuity
reinsurance
business
is
the
reinsurance
of
general
account,
fixed,
deferred
annuities
and
general
account
payout
annuity
structures. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ANR
provides
annuity
and
life
reinsurance
to
insurers
and
reinsurers
through
Annuity
and
Life
Reassurance,
Ltd.,
Annuity
and
Life
RE
America,
Inc.
and
Annuity
and
Life
Reassurance
America,
Inc.
For
the
six
months
ended
6/01,
revenues
rose
31%
to
$166
million.
Net
income
rose
59%
to
$24.9
million.
Revenues
reflect
increased
net
premiums
and
realized
investment
gains.
Net
income
benefitted
from
decreased
costs
associated
with
interest
sensitive
contract
liabilities. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Frederick Hammer, 64 Chairman | -- | Lawrence Doyle, 57 Pres,
CEO | $1.5M | Bryan Featherstone, 47 Pres
and CEO of Annuity & Life Re America, Inc. | -- | William Atkin, 53 Sr.
VP, CFO, Treasurer, Sec. | 522K | Robert Reale, 44 Sr.
VP and the Chief Underwriter | 710K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|