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Contacts:

Colin Johnson
Director of Communications
(425) 256-5049
colin.johnson@symetra.com

Bob Wolff
Bank of the West
(213) 972-0521
Robert.wolff
@bankofthewest.com



BancWest Investment Services and Symetra Launch Partnership

San Francisco, Calif. / Bellevue, Wash. — (Sept. 18, 2006) — BancWest Investment Services today announced a partnership with Symetra to begin offering a wide range of annuities and life insurance solutions to clients nationwide. The alliance is designed to help clients achieve their retirement income goals and better secure their family’s financial future.

Symetra annuities provide stable, dependable returns over time and can guarantee a lifetime of “pension-like” income. The partnership will give customers access to Symetra annuities and life insurance at Bank of the West branches and through the BancWest Investment Services network of financial advisors.

BancWest Investment Services is the investment and brokerage subsidiary of Bank of the West, the second largest bank based in California. Bank of the West operates over 680 locations across 19 Western and Midwestern states.

“By working with Symetra, we can expand the level of retirement services available to all our individual clients,” said Brad Grubb, chief executive officer of BancWest Investment Services. “This is yet another way we are helping clients avoid the risk of outliving their savings and provide financial protection for their loved ones.”

“Symetra has both the products and expertise to assist BancWest Investment Services with meeting their customers’ retirement and financial planning needs,” said Rod Halvorson, senior vice president of business development at Symetra Financial. “We are delighted to be part of this exciting partnership.”

About BancWest Investment Services

BancWest Investment Services offers a broad range of product offerings to help clients reach their investment goals. The company specializes in retirement planning, mutual funds, annuities, IRA and other tax-advantaged accounts, education savings plans, and life insurance. BancWest Investment Services is a registered Broker/Dealer, member NASD/SIPC and a subsidiary of $55-billion asset Bank of the West. For more information, visit www.bankofthewest.com

About Symetra Financial

Symetra Financial is a family of companies with nearly a half-century of experience providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. Its insurance company subsidiaries have nearly $20 billion in assets. Symetra Financial is owned by an investor group led by White Mountains Insurance Group Ltd. and Berkshire Hathaway Inc. For more information, visit Symetra Financial's Website at www.symetra.com.

Insurance products are not FDIC Insured and are not obligations of, nor guaranteed by, any bank or the Pension Benefit Guaranty Corporation. These insurance products are not a deposit, may lose value, and are not insured by any federal government agency.


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Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.