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Shelter was founded in 1946 as the insurance subsidiary of the Missouri Farmers Association (the same company as MFA Incorporated), and was called MFA Mutual Insurance Company. [1] The Shelter name came from the company's slogan, "M.F.A. is your Shield of Shelter". In 1981, the name was changed to Shelter Insurance Companies. [1]
In 2018, Western & Southern acquired the Gerber Life Insurance Company from Nestle for $1.55 billion, [13] [14] along with a long-term intellectual property license in connection with financial services. [15] In November 2019, Western & Southern Financial Group promoted John Bultema as CEO of Lafayette Life Insurance Co. [16]
CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These ...
StanCorp Financial Group, Inc. is an insurance and financial services company based in Portland, Oregon, United States. In 2006 it ranked as number 731 on the Fortune list with in excess of $2 billion in annual revenues. Founded in 1906, the company's main subsidiary is Standard Insurance Company.
A mutual insurance company, New York Life is owned by its policyholders and has no outside shareholders. [22] As a mutual, New York Life distributes a portion of its earnings to eligible policyholders as annual dividends. [15] [23] As of 2016, the company has paid a dividend every year since 1854. [24] Through Seguros Monterrey New York Life ...
Ratings for insurance companies matter because they highlight the financial stability of an insurer and help people gauge if the company will be able to provide them with the money they need in ...
The Oriental Insurance Company Ltd. (OICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in New Delhi , the company has 29 regional offices and more than 2,000 active branches nationwide.
The Penn Mutual Life Insurance Company, commonly referred to as Penn Mutual, was founded in Philadelphia, Pennsylvania, in 1847. It was the seventh mutual life insurance company chartered in the United States. As of 2019, it had 3,140 employees, $3.7 billion in revenue, and $36.7 billion in assets. [1] [2]