Columbian Life Insurance Company is an Illinois-domiciled stock company which is included in the Columbian Financial Group of companies. It has always prided itself on maintaining a solid financial and investment posture to ensure that it can meet its policyholder obligations.
The Company continues to be in an extremely strong financial position. Capital and surplus, which provides a safety cushion for meeting policyholder claims, remains strong. Capital adequacy tests show the Company to be very well capitalized.
The most important determinant of a life insurer's financial strength is its investment portfolio - Columbian Life's portfolio is exceptional! The bond portfolio consists entirely of investment grade securities (bonds rated "Class 2" and higher by the National Association of Insurance Commissioners). The Company has never been an active investor in non-investment grade bonds. The commercial mortgage loan portfolio continues to perform exceptionally well.
The Company also conducts its insurance business in a conservative manner. Columbian Life carefully scrutinizes and actively reinsures risks in excess of its desired retentions only with companies that are financially sound.
Overall, Columbian Life is dedicated to maintaining the sound financial position which its policyholders justifiably expect.
Columbian Life Insurance Company Financials
(based on 2012 4th quarter information)
Assets = $274,799,084
Total Liabilities = $254,649,048
Total Stockholders' Equity = $20,150,036