reported third-quarter operating earnings of $1.31, in line with the
First Call/Thomson Financial
estimate and up from year-ago earnings of $1.16 a share.
The financial services holding company said continued strong demand for equity-based products in the latest quarter helped separate accounts rise 34% from a year ago, while general account reserves rose 3%.
Assets under management, as well as assets supporting life and annuity products increased. Also, earnings at the company's retirement services unit rose 19%.