OneAmerica Shatters Records for Total Sales, Capital and Assets in 2011
Business Wire, Inc. |
Total sales up 29 percent driven by record retirement plan, individual life sales
“As we navigate through troubled economic times, consumers are continuing to find peace of mind with the companies of OneAmerica,” said
OneAmerica’s 2011 sales growth highlights include:
OneAmerica 2011 Growth |
Industry 2011 Growth1 |
|||||||||
401(k) first year assets | +67 | % | -2 | % | ||||||
Not-for-profit retirement | +31 | % | -7 | % | ||||||
Total individual life sales | +14 | % | +4 | % | ||||||
Whole life sales | +16 | % | +9 | % | ||||||
Group voluntary sales | +32 | % | +7 | % | ||||||
(Life/disability/health) |
The continued financial strength of the OneAmerica enterprise was validated by major ratings agencies in 2011 – punctuated by an upgraded rating from
“The financial services marketplace is realizing more and more the importance of focusing on the fundamentals of offering excellent products and investing wisely, and these have been the hallmarks of the OneAmerica companies throughout our history,” added Molendorp. “Our combination of relative safety and performance enables us to deliver both value and confidence.”
1.Source:LIMRA through
About OneAmerica
OneAmerica’s nationwide network of companies offers a variety of products to serve the financial needs of their policyholders and other clients. These products include retirement plan products and services; individual life insurance, annuities, long-term care solutions and employee benefit plan products. The goal of OneAmerica is to blend the strengths of each company to achieve greater collective results.
The products of the OneAmerica companies are distributed through a network of employees, agents, brokers and other distribution sources that are committed to increasing value to our policyholders by helping them prepare to meet their financial goals.
We deliver on our promises when customers need us most.
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Copyright: | Copyright Business Wire 2012 |
Wordcount: | 536 |
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