Wednesday, March 1, 2017

ACLI Congratulates Commerce Secretary Wilbur Ross

American Council of Life Insurers (ACLI) President and CEO Dirk Kempthorne issued the following statement today on Wilbur Ross being sworn in as Secretary of Commerce:

 

Washington, D.C. (March 01, 2017) — “The American Council of Life Insurers (ACLI) congratulates Wilbur Ross on being sworn in as Secretary of Commerce.

“ACLI has a long history of working with the Commerce Department to open and expand life insurance and pension markets in both developed and emerging markets. With the global trend of aging populations, U.S. life insurers can further our positive contribution to the U.S. financial services export surplus by offering innovative products to help consumers around the world.

“We look forward to working with Secretary Ross to promote U.S. economic growth and opportunity.”

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The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association with approximately 290 member companies operating in the United States and abroad. ACLI advocates in state, federal, and international forums for public policy that supports the industry marketplace and the 75 million American families that rely on life insurers’ products for financial and retirement security. ACLI members offer life insurance, annuities, retirement plans, long-term care and disability income insurance, and reinsurance, representing 94 percent of industry assets, 93 percent of life insurance premiums, and 97 percent of annuity considerations in the United States. Learn more at www.acli.com.

Date Posted: March 1, 2017
Document ID: NR17-010
Contact: Whit Cornman, 202-624-2442