Financial Strength
It's important to have a financially strong carrier on your side. Part of what allows North American to maintain our financial strength is the stability that comes with our unique ownership.
As part of a privately held company, we are not subject to the short-term earnings pressures that publicly held companies face. We are a company with plans to perpetuate itself for hundreds of years, not the next quarter or fiscal year. We focus on the long term. We focus on you. North American's asset quality is excellent. Overall net investment income provides ample margins to cover contractual obligations to all policyowners.
- Bonds consist of US Government, government agency, and corporate securities.
- Stocks consist primarily of public utilities, adjustable rate preferred, and other publicly related securities.
- Short-term investments consist of commercial paper, money market funds, and other high-quality, short-maturity investments.
Source: North American Company for Life and Health Insurance, 2010 Annual Report, PR-1291 R3