NU Online News Service, Sept. 12, 12:39 p.m. – Robert L. Senkler, chairman, president and chief executive of Minnesota Life Insurance Co., Saint Paul, Minn., issued the following statement following the terrorist attacks in New York and Washington.
"Minnesota Life has the financial strength to meet all obligations to its customers, including any who may be affected by today's tragic events," Senkler says.
"We are strongly positioned to meet all of our obligations to our customers, and we will be there when they need us — to pay the claims, manage the investments and perform all the services they expect of us."
While it is too early to assess the impact of yesterday's terrorist events on the stock and bond markets, Advantus Capital Management, Minnesota Life's asset management subsidiary, is closely monitoring events, the company says.