<p>ST. PAUL, Minn. – Despite a rough economy, Minnesota Life Insurance Company has sold a record $2.5 billion in 2001. "Minnesota Life faced many challenges in 2001, and the rise in sales is indicative of the company's ability to weather tough times," said Minnesota Life Chairman/CEO Robert L. Senkler. Senkler credits a 19% increase in sales of Minnesota Life's proprietary products, which totaled $1.7 billion for the 7% increase. In addition, life insurance in force rose 21% to nearly $300 billion.</p>

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.