Standard Life turns the page, rolls with changes

Standard Life Insurance Company of Indiana has much to celebrate, as she spends one year anniversary of its sales to Capital Assurance Corp.

Profitability, a note upgrading and all product launches one of the most positive, the company can win because it gave new life and former owner Standard Management Corp. last June.

Standard Life entail $ 15.8 million profit last year, mainly due to a gain from the sale of its life insurance. Subtract that, though, and it is still a gain of nearly $ 3 million, although it is also with the loss, if Kentucky-based capital Insurance accepted.

“We, financially, we wanted the first year,” Capital Assurance CFO said Angela Ohlmann.

However, many challenges. The retirement plan from the seller to a brutal competition in the market and sports a notation that - for improved - presents a competitive disadvantage

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