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Continued
Financial Strength
North American's demonstrated
financial strength, market leadership, and competitive rate guarantees
help ensure that our promises will be kept. Look at these year-end 2006
results!
Strong Marketplace
Presence
- Sold over 11,000 new life policies with an average
policy size of $333,000 in 2006.
- Placed over $4 billion of life insurance in-force
during 2006 for a total of over $110 billion of life insurance
in-force.
Overall Financial
Strength
- North American's capital surplus and AVR of nearly $438 million,
with a capital, surplus and AVR to liabilities ratio of 9%.
- North American has over $5.4 billion in assets.
Solid Investments
- Bonds, cash, short term investments and loans
represent nearly 93% of total assets.
- Of the bond portfolio, 95% is investment grade.
*North American Company for Life & Health
Insurance's liabilities are supported by its own general assets. |