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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
April 22, 2002 at 08:00 PM
NU Online News Service, April 22, 11:07 a.m. – SAFECO Corp., Seattle, is reporting $63 million in net income for the first quarter on $1.7 billion in revenue, compared with an $883 million net loss on $1.7 billion in revenue for the first quarter of 2001.
SAFECO has a life and investments unit as well as property-casualty insurance operations.
SAFECO Life & Investments generated a $59 million pretax profit for the latest quarter, up from $50 million for the comparable quarter in 2001, the company says.
The fixed annuity operation and a program that sells reinsurance for self-funded medical plans did especially well, SAFECO says.
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