Net Premium Income

(In Millions)

  • 2020
  • 2021
  • 2022
  • 2023

Net Gain Before Federal Taxes

(In Millions)

  • 2020
  • 2021
  • 2022
  • 2023

Surplus

(In Millions)

  • 2020
  • 2021
  • 2022
  • 2023

Balance Sheet

  • $875 million in total assets
  • $841 million in invested assets
  • $682 million in total liabilities
  • $638 million in total reserve for life policies and contracts, and accident and health
    policies
  • $192 million in net surplus

Invested Assets

  • 86% Bonds
  • 9% Mortgages
  • 2% Cash & Short Term Investments
  • 2% 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 44% in Corporate Bond Securities and 8% in Municipal Bond Securities.