For the fourth consecutive year, American Family Life Insurance Company (AFLIC) is on the list of 50 top-performing life-health insurance companies as selected by consulting firm Ward Group.
Each year, this provider of benchmarking and best-practices services to the insurance industry compiles the list by evaluating the financial data of more than 800 life insurance companies submitted to the National Association of Insurance Commissioners.
Inclusion on Ward's list of top 50 for 2011 means AFLIC has met established performance requirements for safety and consistency from 2006 to 2010. These include measures such as surplus and premiums, adjusted net income and compound annual growth.
Companies that meet these requirements are then scored through the Ward's 50 Certification Methodology, which includes such measures as five-year average return on equity, growth in revenue and surplus, and return on average assets.
When industry organizations speak, the marketplace listens. Achieving top-performance recognition and ratings year after year from industry experts such as Ward Group and A.M. Best is no easy thing.
A.M. Best affirmed the financial strength rating of "A" (excellent) of AFLIC this year. An "A" rating is the third-highest rating of 16 financial strength ratings assigned by A.M. Best.
"AFLIC's financial strength message remains loud and clear," says AFLIC Vice President Al Meyer. "Overall, these industry designations confirm AFLIC's reputation as one of the more financially stable, secure and consistently growing life insurance companies in the industry."
Visit www.amfam.com to find a Life Needs Calculator to determine individual life insurance coverage needs and to learn more about the entire portfolio of life insurance products offered by American Family Life Insurance Company, a member of the American Family Insurance Group.
Based in Madison, Wis., American Family Insurance offers auto insurance, homeowners insurance, life insurance, health insurance, business and farm/ranch insurance in 19 states. American Family Mutual Insurance Company is the nation's third-largest mutual property/casualty insurance company. Web: www.amfam.com; Facebook: www.facebook.com/amfam; Twitter: www.twitter.com/amfam.