To: Eric Dickson who wrote (1110 ) 4/15/1999 12:15:00 AM From: puborectalis Respond to of 4337
LPGLY............London Pacific Life & Annuity Company is a wholly-owned subsidiary of London Pacific Group Limited, which is listed on the London Stock Exchange and on NASDAQ. Today, the Group has $3.5 billion of assets under management or administration, managed primarily in the United States through its life insurance, financial advisory services, development capital, and fund management businesses. Headquartered in North Carolina, Raleigh is the home office. The executive office is located in Sacramento, California's capital. With offices on the Atlantic and Pacific coasts, which are linked by technology, we work an eleven-hour day for optimal productivity and convenience for our clients and agents. We offer investment-oriented life and annuity products that are income driven and tax-advantaged. These products work particularly well for long term investors before and after retirement. London Pacific has built a solid foundation of financial strength. Carefully managed premium growth, conservative portfolio management, a parent with over $3.5 billion under management or administration, and due care for the long term financial protection of our policyholders have been our cornerstones. Admitted assets at the end of 1997 were $1.3 billion and adjusted capital and surplus was $105 million. Nimble...open-minded...driven to be the best. The management at London Pacific has been quick to take advantage of innovative technology to make a difference to our products and service levels. Leading the industry into faster turn-around time for annuity policies, quicker payment structures and more convenient client access to funds, London Pacific takes pride in the advances we have brought to the annuity marketplace. London Pacific is a no-frills operation that strongly believes keeping operating costs in line will translate into better returns for policyholders and shareholders. By avoiding a layered, bureaucratic management style, we have the ability to make innovative decisions quickly. Our Agent Loyalty Opportunity Trust(ALOT) is an excellent example. London Pacific is a phenomenal success story that revolves around people...our employees, our representatives and our policyholders. The Company holds sacred the trust that its senior clients have placed in us to manage their money wisely and to provide security during their retirement years.