American Income Life & Surace-Smith Agency News
TORCHMARK HAS THE HIGHEST OPERATING MARGIN IN THE LIFE & HEALTH INSURANCE INDUSTRY
Nov 26, 2010 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five companies in the Life & Health Insurance industry as ranked by operating margin. A healthy operating margin is required for a company to pay for its fixed costs and generate cash.
Torchmark (NYSE:TMK) has an operating margin of 27.1% on trailing 12 months sales of $3.4 billion and sales growth of 10%.
http://www.zacks.com/research/get_news.php?id=330l4213
________________________________________
________________________________________
A Letter of Thanks from Painters and Allied Trades
Click here to open letter.
________________________________________
A Hot Job for Hard Times: The Life-Insurance Agent
The Wall Street Journal
One of the most old-fashioned occupations in finance is back in favor: the life-insurance agent.
Some big insurers are adding thousands of agents and planning to sign up more. They're taking advantage of the weak job market to scoop up former real-estate agents, mortgage brokers, bankers and lawyers whose prospects have declined...
Click here to link to the article.
________________________________________
Recession Brings Recruiting, Branding Boom for Insurance Company
NACE Website
In spite of the turbulence the struggling economy has caused in the job market, 2008 and 2009 marked the most productive years in American Income Life's (AIL) 56-year history. During that two-year span, AIL’s state general agents opened offices and the company promoted managers across the country at a brisk pace.
“These two factors caused us to turn up the intensity of our college recruiting program,” says Ron Newlin, director of college recruitment for the life insurance company, which is headquartered in Waco, Texas. “We are looking to college recruiting to help us find our future leaders and help us continue to grow. The economy has made us more aggressive.”
He says the record growth and expansion helped the company’s college recruiting efforts. One factor that Newlin and his staff had not anticipated is the lack of activity of other companies.
Click here to link to the article.
________________________________________
American Income Life ranked #30 on the list of
The Black Collegian’s Top 100 Employers of the Class of 2010.
________________________________________
The Best Life
Morningstar Press Release, December 2009
At the moment, we see no bargains available among our coverage list of domestic life insurers. Although valuations have not reached bubble like proportions, there still exists substantial risks of further investment losses, perhaps triggered by commercial mortgages or municipal debt, and the subsequent dilution to handle these losses would outweigh any potential upside from a recovering economy, in our opinion. So even though we suggest investors' time would be better spent looking for bargains in another sector, for those who insist on the life insurance market we think Torchmark (NYSE:TMK - News) is the best company in this industry. The firm has the benefit of sharing many characteristics with the more attractive property and casualty insurance sector, including a greater level of equity, a more conservative investment portfolio, and no exposure to the equity markets. These are low-risk characteristics that don't necessarily increase profits. But even with these characteristics, the firm still manages to be consistently among the most profitable companies in the life insurance industry, showing that higher risk does not necessarily equate to higher returns.
________________________________________
American Income in the Top 100
American Income has again been recognized by HotJobs as one of the top 100 companies currently hiring in the United States. The current ranking for American Income is 41.
