AUTO-OWNERS INSURANCE COMPANY'S ANNUAL REPORT HIGHLIGHTS
The Group’s property/casualty and life net written premiums were $5,992,924,224, up 3.3% from 2014.
Auto-Owners Life Insurance Company ended the year with $34.1 billion of life insurance in force, an increase of 4.1% from 2014.
Fortune magazine ranks us as the 425th largest company in the U.S. based on revenue for 2014. (The 2015 number won’t be available until June.)
Our combined assets increased by 4.6% to $20.1 billion in 2015, an increase of $889 million.
Policyholder surplus increased 10.1% to $8.78 billion. Our property and casualty year-end ratio of net premium to surplus is extremely healthy at 0.65 to 1.
The Life Company’s assets increased by 2.9% to $3.7 billion.
Auto-Owners property and casualty companies earned an “A++” (Superior) rating from A.M. Best Company. An “A+” (Superior) was earned by our Life Company.