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Columbian Life
Financials |
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 2009 3rd quarter information)
Assets = $248,217,812
Total Liabilities = $229,680,240
Total Stockholders' Equity = $18,537,571
CLIC
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