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Such a vehicle could reduce gasoline consumption for the average American by 50 percent to 70 percent and reduce automobile emissions well in excess of emissions that might result from the additional use of power plants.
Meyers, president and chief executive officer of CryoTech and Parker Marketing, stated, "We estimate that Carrier Funding's loan volume for the first 12 months of operations will be in excess of $20 million and could grow to over $90 million by the end of the second year.
SML currently works with more than 700 employee benefit clients and over 3,000 individual life insurance clients with total coverage in excess of two billion dollars.
7% after the completion of the note offering, this is mitigated by a strong debt service coverage in excess of 6.
Fitch expects AmerUs to meet management's guidance for profitability as measured by GAAP ROE of 12%, adjusted debt-to-total capital below 25%, and NAIC risk-based capital in excess of 300% of the company action level.
Annuity revenues year-to-date, distributed through Standard Marketing Corporation, the national marketing arm for Standard Life, are in excess of $26 million.