NEW YORK--(BUSINESS WIRE)--Sept. 27, 2005--The Wall Street
Transcript has published an in-depth interview with Richard Vie,
Chairman and CEO of Unitrin, Inc. (NYSE:UTR) in which he talks at
length about the Company.
The entire 2,500 word interview is available free online at
http://www.twst.com/ceos.htm.
Unitrin is one of the nation's leading financial services
providers. The Unitrin family of companies specializes in property and
casualty insurance, life and health insurance, and consumer finance
products for individuals, families, and small businesses.
When asked what would compel investors to include Unitrin in their
portfolios Mr. Vie stated, "If you look at the 15-year history of our
return to investors, you look at our results over the last two or
three years, and you look at our recent quarterly results, it makes a
pretty compelling case. Our operations have recorded record results
for each of the past eight quarters for that particular quarter."
Regarding the company's investment strategy Mr. Vie stated, "We
have about $9 billion in total assets, with $6.5 billion in invested
assets. The duration of our $4 billion fixed maturity investment
portfolio is relatively moderate. About one-third of our bonds consist
of shorter-term maturities of five years or less. We also have some
fairly large equity holdings, and we benefit there as the stock market
goes up. We tend to be long-term equity holders. We have two
concentrated equity holdings in Northrop Grumman and UNOVA."
The Wall Street Transcript does not endorse the views of any
interviewees nor does it make stock recommendations. For subscription
information call 800/246-7673.
CONTACT: Unitrin, Inc.
Ed Konar, 312-661-4653
SOURCE: Unitrin, Inc.