State Life Financial Highlights
State Life has a long history of financial strength, helping us keep our promise to customers to provide security and peace of mind. Below we are reporting financial results for both State Life and OneAmerica Financial Partners, Inc. State Life's numbers are reported on a statutory basis, while OneAmerica®'s are based on generally accepted accounting principles (GAAP).
Financial Highlights
2009 State Life Statutory Year-End Highlights (in millions of dollars) |
||
|---|---|---|
| Total Assets | $3,162.5 | |
| Premium and Other Income | $378.4 | |
| Total Surplus (including AVR1) | $220.0 | |
| Net Investment Income | $167.7 | |
| Statutory Pre-tax Net Gain | $42.8 | |
2009 OneAmerica GAAP Year-End Highlights (in millions of dollars) |
||
|---|---|---|
| Total Assets | $21,820.3 | |
| Total Revenue | $1,216.7 | |
| Total Equity | $1,639.0 | |
| Net Investment Income | $638.5 | |
| Net Income | $102.7 | |
2009 State Life Statutory Cumulative Quarterly Results (in millions of dollars) |
||||
|---|---|---|---|---|
| 1Q | 2Q | 3Q | 4Q | |
| Total Assets | $2,921.8 | $3,005.5 | $3,074.4 | $3,162.5 |
| Premium and Other Income | $83.8 | $166.8 | $268.0 | $378.4 |
| Total Surplus (including AVR1) | $189.0 | $196.9 | $204.0 | $220.0 |
| Net Investment Income | $40.7 | $82.0 | $125.2 | $167.7 |
| Statutory Pre-tax Net Gain | $10.6 | $23.8 | $33.0 | $42.8 |
[Top] State Life's Ratings
| A.M. Best | Standard & Poor's |
|---|---|
| A (Excellent) | AA- (Very Strong) |
A.M. Best A (Excellent) is the third highest of 15 possible ratings, according to the release dated June 17, 2009.
Standard & Poor's AA- (Very Strong) is the fourth highest of 21 possible ratings, according to ratings rationale dated July 2,2009.
Standard & Poor's Credit Market Services is a global leader in objective, insightful risk analyses and evaluations of the credit worthiness of issuers worldwide. For more information on Standard & Poor's ratings, products and services, visit www2.standardandpoors.com.
[Top]OneAmerica Financials
For more detailed financial information, visit our enterprise financials page.
Note: These ratings and rankings reflect rating agency assessment of the financial strength and claims-paying ability of The State Life Insurance Company. They are not intended to reflect the investment experience or financial strength of any variable account, which is subject to market risk. Because the dates are only updated when there’s a change in the rating, the dates above reflects the most recent ratings we have received. Please know that these ratings can change at any time.
