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Number of employees. 6,431 (2015) ... The Standard Life Assurance Company was established in 1825 and reincorporated as a mutual assurance company in 1925. [3]
It is licensed in 49 states and Washington, DC. In New York it has Standard Life Insurance Company of New York. The average loan-to-value ratio on new loans was 64 percent in 2008. Standard Insurance Company has maintained an “A” rating or higher from A.M. Best Company since 1928. Assets $14.56 billion (March 31, 2009). 3,400 employees in 2008.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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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.
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Underwriting in life insurance is a detailed process that life insurance companies use to assess an applicant’s eligibility for coverage and determine the appropriate premium. This involves two ...