American Bankers Insurance Group, Inc. - ABI- Profile

American Bankers Insurance Group, Inc. is a specialty insurance holding company. The company provides credit related insurance products through financial institutions, retailers and manufacturing and utility companies. The products include credit life, credit property, unemployment, accident and health, homeowners, physical damage, livestock, individual group life and other insurance products. Through June 30, 1999 the company has expensed approximately $9.4 million towards year 2000 expenses. Premiums earned accounted for 74% of 1998 revenues; net investment income, 8% and other income, 18%.