The industry's sizeable renewal premium flows, favorable tax treatments for life insurance products, diversified and stable liabilities, conservative investments as compared to other financial service sectors
Dallas, TX (Vocus) June 5, 2010
Clark Consulting, LLC, a leader in non-qualified benefit plan design, administrative services and employer-owned life insurance, announced the release of Carrier Financial and Risk Analysis Reports for the fourth quarter of 2009; the reports provide clients a clear, concise summary of the strengths and weaknesses of individual carriers and serve as a tool to evaluate and compare carriers.
Clark Consulting clients and other interested parties can obtain copies of the report by contacting a consultant through http://www.clarkconsulting.com.
Premiums experienced a sharp decrease in 2009, and carriers will likely face further headwinds moving through 2010, according to Carrier Risk and Financial Analyst Sean Ramsey of Clark Consulting. “The industry’s sizeable renewal premium flows, favorable tax treatments for life insurance products, diversified and stable liabilities, conservative investments as compared to other financial service sectors,” said Ramsey, “may help provide stability in the life insurance market for 2010 and beyond.”
Clark Consulting’s Carrier Financial and Risk Analysis Reports provide a useful review of carriers based on consistent data points, providing the type of information clients need to make informed decisions. They provide more in-depth data on carriers than simple ratings and contain statistics across a number of different categories. The reports visually present data trends, levels and other financial information about the carrier and also summarize the company’s ratings from such firms as Standard & Poor’s and Moody’s. Using the reports to compare this information side-by-side helps clients develop a better understanding of any carrier.
The carrier reports, one of many Clark Consulting innovations, were first issued in the summer of 2009. Since that time, they have become a valuable tool for companies that utilize bank-owned life insurance or corporate-owned life insurance as a funding vehicle for nonqualified benefit plan liabilities.
Clark Consulting, LLC, headquartered in Dallas, is an AEGON company. AEGON N.V. is an international life insurance, pension and investment group based in The Hague, The Netherlands, with businesses in over twenty markets in the Americas, Europe and Asia.
Clark Consulting is a leading source of strategic financing solutions such as bank-owned life insurance (BOLI) and corporate-owned life insurance (COLI) for inefficiently funded and unfunded liabilities that result from executive and employee benefit programs.
Since 1967, Clark Consulting has helped place thousands of benefit plans and serves as the record keeper for billions in assets for leading American corporations and banks.
Contact: Robert Frump, Editorial Director, Clark Consulting 214-661-9852
Securities products and services are offered through Clark Securities, Inc., DBA CCFS, Inc., in
Texas: 2100 Ross Avenue, Suite 2200, Dallas, TX 75201-7906. Phone: 800.999.3125. Member FINRA and SIPC.