Net Premium Income

(In Millions)

  • 2021
  • 2022
  • 2023
  • 2024

Net Gain Before Federal Taxes

(In Millions)

  • 2021
  • 2022
  • 2023
  • 2024

Surplus

(In Millions)

  • 2021
  • 2022
  • 2023
  • 2024

Balance Sheet

  • $924 million in total assets
  • $872 million in invested assets
  • $718 million in total liabilities
  • $646 million in total reserve for life policies and contracts, and accident and health
    policies
  • $206 million in net surplus

Invested Assets

  • 84% Bonds
  • 8% Mortgages
  • 3% Cash & Short Term Investments
  • 3% Other

Bonds

93% of the bonds we hold are designated “Highest Quality” (Class 1) or “High Quality” (Class 2) by the National Association of Insurance Commissioners (NAIC).

Diversification

The portfolio is well diversified across a variety of high quality sectors with 38% in Corporate Bond Securities and 5% in Municipal Bond Securities.