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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 2009
results!
Strong Marketplace
Presence
- Sold over 13,500 new life policies with an average
policy size of $450,000 in 2009.
- Placed over $6 billion of life insurance in-force
during 2009 for a total of over $103 billion of life insurance
in-force.
Overall Financial
Strength
- North American's capital surplus and AVR (Asset
Valuation Reserve) of nearly $699
million.
- North American has over $9.1 billion in assets.
Solid Investments
- Bonds, cash, short term investments and contract loans
represent nearly 90% of total assets.
- Of the bond portfolio, 94% is investment grade.
*North American Company for Life & Health
Insurance's liabilities are supported by its own general assets. |
