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 NEW YORK, Nov. 9 /PRNewswire/ -- USLIFE Corporation (NYSE: USH) today hosted a seminar in New York City for securities analysts, portfolio managers and other members of the financial community who closely follow this major life insurance-based holding company. The purpose of this fifth consecutive annual meeting was to provide attendees with a clear and thorough understanding of the operations, results and expectations of the USLIFE Companies, as well as discussions on its capital management program, cash management function, investment strategy, and group life and group health operations.
 In his opening remarks, Gordon E. Crosby, Jr., chairman of the board and chief executive officer of USLIFE, commented: "USLIFE Corporation is well positioned as it approaches the mid-point of its second century of operations ... or stating it another way 143 successive years of continuous operations going back to our origin in 1850."
 Robert J. Casper, president and chief operating officer, discussed the marketing strategies and accomplishments of the USLIFE Companies thus far in 1993, as well as expectations for the remainder of the year. Mr. Casper provided further insight on plans for new product design and introduction, as well as strategies for expanded field distribution systems.
 Greer F. Henderson, vice chairman and chief financial officer, reviewed the results of operations for the third quarter of 1993 and the first nine months of the current year. He also reported on USLIFE's investment strategy.
 Christopher S. Ruisi, vice chairman and chief administrative officer, presented an update on operations in Neptune, N.J., and Dallas, as well as current projects designed to improve productivity and service.
 A. Scott Bushey, executive vice president - corporate planning, provided a detailed report on USLIFE's capital management program, and Frank J. Auriemmo, Jr., vice president and treasurer, discussed the cash management function.
 David N. Dunn, executive vice president - group insurance services, reviewed the status of the group life and group health operations of The United States Life Insurance Company and the Association Group business of All American Life Insurance Company, both wholly owned subsidiaries of USLIFE Corporation. He also commented on regulatory and other industry developments which affect that segment of USLIFE's activities.
 In his summary remarks, Mr. Crosby stated: "If our past 26 years' results are an indication of the future, then we will have a very bright future indeed." The meeting concluded with an open forum discussion with participating members of the financial community.
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 /NOTE TO EDITORS: USLIFE Corporation is a life insurance-based holding company whose principal subsidiaries engage in the life insurance business. With nationwide operations, USLIFE has three ordinary life insurance companies and a credit insurance group with approximately $119 billion of life insurance in force as of Sept. 30, 1993. Additionally, there are five other subsidiaries that furnish the life insurance companies with investment advisory, broker-dealer, real estate, data processing and administrative services.
 /CONTACT: Richard P. Keating, vice president-corporate communications, USLIFE, 212-709-6227/

CO: USLIFE Corporation ST: New York IN: FIN INS SU:

CK-TW -- NY096 -- 2353 11/09/93 14:49 EST
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Publication:PR Newswire
Date:Nov 9, 1993

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