Presidents Letter
[ Lawrence E. Daurelle ]
Over the course of a century, Reliance Standard Life has built an organization dedicated to market excellence and careful, strategic growth. Last year set new records in virtually all leading fiscal indicators—quote activity, sales, persistency and of course, profitability—and we improved our position in the top 10 group life and group disability carriers as ranked by independent industry watchdogs.
Sales were up 18%, from $200 million in 2005 to $237 million in 2006. New cases sold were up 19%. Our commitment to persistency brought total cases in-force to nearly 30,000, an increase of 6% over 2005.
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