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Individual health insurance is one of the most competitive fields in the industry. And as the marketplace continues to grow and expand, insurance companies are looking for more ways to serve the needs of their customers.
World Insurance Company constantly examines and evaluates the marketplace in order to gain a better understanding of consumer needs. Our product implementations and process improvements have helped us create a strong financial picture, which, in turn, translates into peace of mind for our insured customers.
World Insurance Company is solely owned by an intermediate holding company that is solely owned by American Enterprise Mutual Holding Company (AEMHC). The emphasis AEMHC places on maintaining financial strength is reflected in the prudent approach brought to the management of assets across the Enterprise, producing a portfolio that contains a high percentage of U.S. government securities and investment-grade corporate bonds.
American Enterprise Mutual Holding Company (AEMHC) continued to grow and strengthen during 2006. During the year the capital and surplus, on a generally accepted accounting principals (GAAP) basis, grew by $18.0 million. At December 31, 2006, the capital and surplus balance was $445.6 million and AEMHC had assets of $1,077.0 million. As of December 31, 2006, AEMHC’s capital and surplus as a percentage of assets, one measure of strength, is 41%.
To view and print a copy of World’s current annual report, click here.
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