search query: @indexterm Life insurance / total: 128
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Author: | Loomis, C. |
Title: | ICH Corp's ascent from nowhere. ( *ICH ) |
Journal: | Fortune
1987 : APR 13, VOL. 15:8, p. 36-39 |
Index terms: | INSURANCE COMPANIES LIFE INSURANCE UNDERWRITING |
Language: | eng |
Abstract: | The acquisitions made by ICH of the U.S. a life insurance company and its CEO, Robert T. Shaw. His background, career, mergers and 55% holding in Consolidated National Successor Corp., a private firm that runs ICH, which is estimated to be worth $100 million. Acquisition of new debt to buy new companies and the need for a cost-cutting programme to trim expenses. Problems caused by investing in stock, linked with insider trading scandal and drop in value of stock. A graph gives fluctuation in ICH stock price, and rise in assets. |
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