Michael White Associates is the Preferred Bank Insurance Consulting Service Provider of the Independent Community Bankers of America

BANK INSURANCE 
NEWS IN BRIEF

BANKS’ BOLI ASSETS CLIMB TO $126.1 BILLION
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THE HARTFORD ACQUIRES FEDERAL TRUST CORPORATION
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PRUDENTIAL WILL SELL BACK ITS STAKE IN WELLS FARGO ADVISORS TO WELLS FARGO
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CONNING FORECASTS NET STATUTORY OPERATING GAIN FOR INSURERS IN 2009
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LINCOLN NATIONAL VINDICATED: COURT UPHOLDS PATENT INFRINGEMENT RULING AGAINST AEGON
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AIG TO SELL AIG UNIVERSAL TO MEXICAN CONSORTIUM
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AEGON BUYS OUT FORMER PARTNER’S STAKE IN BT AEGON
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NATIONAL AUSTRALIA BANK TO ACQUIRE BUSINESS  LINES FROM AVIVA AUSTRALIA HOLDINGS
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Serving the bank and insurance 
industries through consulting, 
research and tailored products
since 1991.

 

  RECENT AND  NOTEWORTHY ADDITIONS . . .

June 23, 2009 - Large bank holding companies and stand-alone banks reported bank-owned life insurance (BOLI) assets of $126.1 billion in 2008, according to the 2009 edition of the Michael White – Meyer-Chatfield BOLI Holdings Report.
Click here to read more.

June 9, 2009 - Meyer Chatfield, Corp. announced today that it has partnered with Michael White Associates in the publication of the upcoming Michael White – Meyer-Chatfield BOLI Holdings Report.
Click here to read more.

June 8, 2009 - Income earned from the sale of annuities at bank holding companies (BHCs) rose 29.0% from $2.02 billion in 2007 to a record $2.61 billion in 2008, according to the Michael White-ABIA Bank Annuity Fee Income Report.
Click here to read more.

June 2, 2009 - Bank holding companies with less than $10 billion in assets experienced a 6.3% increase in their insurance brokerage income, moving from $687.67 million in 2007 to $730.82 million in 2008.  In fact, the Michael White-Prudential Bank Insurance Fee Income Report™ found that 65 of the top 100 BHCs in insurance brokerage income registered increased income in 2008.
Click here to read more.

May 19, 2009 - The nation’s bank holding companies experienced an increase of 7.2% in their total insurance revenue from $10.15 billion in 2007 to $10.88 billion in 2008, according to a new report from Michael White Associates in conjunction with the American Bankers Insurance Association (ABIA).
To read the entire story, click here.

 

    

     

    

     

     

     

     

 

    

     

     

     

    

   

    

 

     

 

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