Washington, D.C. (March 21, 2008) — Five industry leaders who have made significant contributions to the life insurance and life reinsurance industry were honored recently with the “Insurance Legends” award at ReFocus 2008, the premier conference for reinsurance industry professionals.
The 2008 honorees are James C.H. Anderson, former President of Tillinghast; Charles M. “Chuck” Beardsley, retired Chairman of Booke and Company; David R. Carpenter, retired Chairman and CEO of TransAmerica Life Companies; Ian M. Rolland, retired Chairman, Lincoln National Corporation; and Sy Sternberg, Chairman of the Board & CEO, New York Life Insurance Co.
“This elite group of individuals have left an indelible mark on the life insurance and reinsurance industries,” said American Council of Life Insurers (ACLI) President and CEO Frank Keating, who presented the awards at the ReFocus conference. “This award is in gratitude for their service and a tribute to their leadership, intellect and significant contributions to our industry.”
The ReFocus conference, which is sponsored by ACLI and the Society of Actuaries, brings together top executives from the life insurance and life reinsurance industries. The 2008 meeting, which attracted over 300 attendees, featured CEOs from prominent global companies who addressed key domestic and international issues affecting life insurers and life reinsurers. Concurrent sessions and discussion groups explored vital industry topics including longevity, capital management, securitization, distribution oversight, life settlements, underwriting and medical breakthroughs.
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The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association whose 353 member companies account for 93 percent of the life insurance industry’s total assets in the United States, 93 percent of life insurance premiums and 94 percent of annuity considerations. In addition to life insurance and annuities, ACLI member companies offer pensions, including 401(k)s, long-term care insurance, disability income insurance and other retirement and financial protection products, as well as reinsurance. ACLI's public Web site can be accessed at www.acli.com.