Net Premium Income

(In Millions)

  • 2017
  • 2018
  • 2019
  • 2020

Net Gain Before Federal Taxes

(In Millions)

  • 2017
  • 2018
  • 2019
  • 2020

Surplus

(In Millions)

  • 2017
  • 2018
  • 2019
  • 2020

Balance Sheet

  • $738 million in total assets
  • $712 million in invested assets
  • $611 million in total liabilities
  • $567 million in total reserve for life policies and contracts, and accident and health
    policies
  • $128 million in net surplus

Invested Assets

  • 85% Bonds
  • 9% Mortgages
  • 2% Cash & Short Term Investments
  • 3% Other

Bonds

95% 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 49% in Corporate Bond Securities and 13% in Municipal Bond Securities.