Jefferson-Pilot Corporation
Industry: Insurance (Life)

Jefferson-Pilot Corporation is a holding company that offers individual and group life insurance, annuities and investments, and operates radio and television broadcast properties. The Company's principal subsidiaries, which are wholly owned, are Jefferson-Pilot Life Insurance Company, Jefferson Pilot Financial Insurance Company, Jefferson Pilot LifeAmerica Insurance Company, Jefferson Pilot Securities Corporation (a non-clearing Nasdaq-registered broker/dealer) and Jefferson-Pilot Communications Company. Through these and other subsidiaries, the Company is primarily engaged in the business of writing life insurance policies, writing annuity policies and selling other investment products, writing group life, disability income and dental policies, operating radio and television broadcasting facilities and producing sports programming.

Business Summary
Jefferson-Pilot Corporation (JP) is a holding company, whose financial services and broadcasting subsidiaries provide products and services in four major businesses: life insurance; annuities and investment products; group life, disability and dental insurance, and broadcasting and sports programming production. The Company's principal subsidiaries are Jefferson-Pilot Life Insurance Company (JP Life); Jefferson Pilot Financial Insurance Company (JPFIC); Jefferson Pilot LifeAmerica Insurance Company (JPLA); Jefferson Pilot Securities Corporation, a non-clearing NASD registered broker/dealer (with its subsidiaries, JPSC), and Jefferson-Pilot Communications Company (JPCC) and its subsidiaries. The Company is primarily engaged in the business of writing life insurance policies, writing annuity policies and selling other investment products, writing group life, disability income and dental policies, operating radio and television broadcasting facilities, and producing sports programming.

Financial Summary
JP offers individual and group life insurance, annuities, and investments; and also operates radio and television broadcast properties. For the six months 6/30/05, revenues rose 3% to $2.10B. Net income before accntg. change rose 5% to $298M. Results reflect higher individual life policyholder fund balances, strong sales of equity-indexed products, and benefits from the reduction of discretionary bonuses on certain older in-force UL insurance policies.