The rating is based on GALIC's strong market position in the tax qualified
annuity market, as well as the company's favorable 1993 operating results, growth in premiums written, improved asset composition and statutory surplus, reasonable utilization of operating leverage, and strong persistency on annuity business.
Wicker, with over twenty years of experience in the employee benefits area, has designed, implemented and administered all types of tax qualified
The two companies specialize in individual annuity sales in the tax qualified
Pursuant to governing regulations, the common stock is being offered for sale in a subscription offering, in descending order of priority, to 1) New Haven Savings Bank account holders with a balance of at least $50 or more on June 30, 2002; 2) New Haven Savings Bank's tax qualified
employee stock benefit plans, including the employee stock ownership plan; 3) account holders with $50 or more on deposit as of the quarter end before receiving approval; 4) New Haven Savings Bank Directors, officers and employees and 5) New Haven Savings Bank Corporators.