Washington, D.C. - Five industry leaders were honored with an “Insurance Legends” award for making significant contributions to the life insurance and life reinsurance industry at ReFocus 2008, the premier conference for reinsurance industry professionals.

The 2008 honorees are James Anderson, former president of Tillinghast; Charles “Chuck” Beardsley, retired chairman of Booke and Co.; David Carpenter, retired chairman and CEO of TransAmerica Life Companies; Ian Rolland, retired chairman, Lincoln National Corp.; and Sy Sternberg, chairman of the board & CEO, New York Life Insurance Co.

“This elite group of individuals has left an indelible mark on the life insurance and reinsurance industries,” said American Council of Life Insurers (ACLI) President and CEO Frank Keating, who presented the awards at the ReFocus conference. “This award is in gratitude for their service and a tribute to their leadership, intellect and significant contributions to our industry.”

The ReFocus conference, which is sponsored by ACLI and the Society of Actuaries, brought to Boston top executives from the life insurance and life reinsurance industries. The 2008 meeting, which attracted over 300 attendees, featured CEOs from prominent global companies who addressed key domestic and international issues affecting life insurers and life reinsurers. Concurrent sessions and discussion groups explored vital industry topics including longevity, capital management, securitization, distribution oversight, life settlements, underwriting and medical breakthroughs.
The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association of which 353 member companies account for 93% of the life insurance industry’s total assets in the United States, 93% of life insurance premiums and 94% of annuity considerations. In addition to life insurance and annuities, ACLI member companies offer pensions, including 401(k)s, long-term care insurance, disability income insurance and other retirement and financial protection products, as well as reinsurance. ACLI's public Web site can be accessed at www.acli.com.

Source: The American Council of Life Insurers


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