Columbian Life Insurance Company is an Illinois-domiciled stock company which is included in the Columbian Financial Group of companies. Columbian Life has the support of Columbian Mutual's 137 years of experience, as well as the strength of its surplus. Columbian 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 well capitalized given its strong surplus levels.
The most important determinant of a life insurer's financial strength is its investment portfolio - Columbian Mutual and Columbian Life's portfolios are exceptional. Our companies' investment portfolios, in excess of 1.64 billion, consist of well diversified and high quality fixed income securities (i.e. bonds and commercial mortgages). Columbian has never been an active investor in non-investment grade bonds. The commercial mortgage loan portfolios continue to perform exceptionally well.
Columbian also conducts its insurance business in a conservative manner. Columbian carefully scrutinizes and actively reinsures risks in excess of its desired retentions only with companies that are financially sound.
Overall, Columbian is dedicated to maintaining the sound financial position which its policyholders justifiably expect.
Columbian Life Insurance Company Financials
(based on 2020 3rd quarter information)
Assets = $365,527,930
Total Liabilities = $329,438,709
Surplus = $36,089,221