Southwestern Life Holdings Incorporated - PFG- Profile

Southwestern Life Holdings Incorporated Formerly known as Penncorp Financial Group Incorporated. The principal activities of the Group are divided into three operating segments: (i)Financial Services Division which markets life insurance and fixed annuities through independent general agents; (ii)Payroll Services Division which markets and underwrites customized life insurance and accumulation products to US military personnel and federal employees through a general agency force and provides individual fixed benefit and life products through employer-sponsored payroll deduction programs. Premiums earned accounted for 8% of 2000 revenues; net investment income, 55% and other income, 37%. Markets and underwrites fixed benefit accident, sickness, life and annuity insurance products