Financial Services >> Sector Roundtables >> March 8, 1999
PAUL S. GOULEKAS is a Senior Vice President at Conning & Company and
manages the Life-Health stock and industry research group. Previously,
he was associated with Aetna Life & Casualty and The Hartford Insurance
Group. Mr. Goulekas received both his Bachelor's and Master's degrees
from the University of Connecticut. Profile
MICHAEL BLUMSTEIN is a Managing Director at Morgan Stanley Dean Witter.
Previously, he was associated with First Boston. A Chartered Financial
Analyst, Mr. Blumstein received his Bachelor's degree from Brown
University and his MBA from Harvard University. Mr. Blumstein is
married, has three children, and includes running among his personal
interests. Profile
MARGARET ALEXANDRE JACOBSEN is Co-Founder of Renaissance Fund Advisors,
Inc. Previously, she was associated with Merrill Lynch, Salomon
Brothers, and Arthur Andersen & Co. A Certified Public Accountant, Ms.
Jacobsen received her Bachelor's degree in Accounting and Finance from
Towson State University and her MBA from the Colgate Darden School at
the University of Virginia. She was elected to the YWCA Academy of
Women Achievers of the City of New York and has served on the Business
Advisory Council for the YWCA of New York. She has also served as the
president of the Association of Insurance and Financial Analysts and is
director of the Towson State University Foundation. Ms. Jacobsen
includes skiing, running, hiking and travel among her personal interests
and is a three time finisher of the NYC Marathon. Profile
COLIN W. DEVINE is a Managing Director at Salomon Smith Barney Inc.,
where he is responsible for providing equity research coverage on a
diverse group of North American life insurance companies. He was
formerly a Director in Standard & Poor's Insurance Ratings group where
he covered a variety of life and property casualty insurers and had been
associated with a major Canadian life insurer where he was involved in
investment and risk management, as well as a number of corporate
development initiatives. Mr. Devine was ranked number one in the Life
Insurance Equity Research team and was also named to Institutional
Investor's 2000 All America Research team in the stock picking category.
A Chartered Financial Analyst and Certified Management Accountant, he
holds an MBA in Finance from York University and a BS in Biology from
the University of Guelph. Profile
TWST: Paul, will you begin with a primer of today's life insuranceindustry for investors?
Mr. Goulekas: I'll break the group into a few pieces'' life and
annuity, group pension, and