Other mutuals watch and wait

Article Abstract:

Major mutual companies are adopting a wait-and-see stance regarding the move toward demutualization of Prudential Insurance Co. of America. A number of them, including Metropolitan Life Insurance Co, still find the mutual holding company concept a viable one, as it allows them to remain a mutual while gaining access to capital markets. Others such as Mutual Life Insurance Co and Principal Mutual Life Insurance Co are evaluating the options available to them to remain competitive, taking into account such factors as corporate culture, capital needs, financial position, among others.

Investment Offices, Mutual Fund Mgmt Companies, Portfolio Management, Mutual funds, Mutual fund industry, Prudential Insurance Company of America, Metropolitan Life Insurance Co., Principal Mutual Life Insurance Co., Mutual Life Insurance Company of New York

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20/20 foresight: creating a strategic vision for the new millenium

Article Abstract:

A four step process is recommended to make changes to meet competition for the life insurance industry in the future. First, an examination and complete definition of the business is required, then a company must identify and exploit its competitive advantages. Firms should also create alliances and develop business partners and bring products and services into line with customer needs and finances. Life insurers might also consider becoming specialists in markets they can dominate.

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Creating a successful retained assets program

Article Abstract:

Retained asset accounts (RAA) are payment programs that provide beneficiaries with a checkbook to write checks against the assets of a policy. RAA programs are popular with consumer advocates because they help beneficiaries protect their assets after the death of a relative when they want to avoid making long-term financial decisions. RAA programs offer insurance companies a means of attracting new business and improving service.

Product information, Marketing, Insurance policies, Accelerated death benefits

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