CINCINNATI, July 18 /PRNewswire/ -- The list of Ward's 50 top
performing insurance companies was released by Ward Group, an operational
consulting firm and leading provider of benchmarking and best practices
services to the insurance industry. Annually, Ward Group analyzes the
financial performance of over 3,000 property-casualty insurance companies
and over 900 life-health insurance companies domiciled in the United States
and identifies the top performers in each segment. This group is called the
Ward's 50 for the year. Each Ward's 50 company has passed all safety and
consistency screens and achieved superior performance over the five years
analyzed.
"The insurance industry today faces tremendous challenges including
market pressures, expense management, technology, rising claim costs,
compliance, legislation and more. Top performing companies take these
challenges in stride. The best companies often do things differently in
order to set themselves apart from the competition," explains Jeff Rieder,
President of Ward Group. "In particular, these companies maintain efficient
operating models, meet the needs of customers and successfully execute
their strategy." The Ward's 50 property-casualty insurance companies
produced a 14.1% return on average equity from 2001 to 2005 compared to
6.3% for the property-casualty industry overall. The Ward's 50 life-health
insurance companies produced a 12.4% return on average equity from 2001 to
2005 compared to 9.8% for the life-health industry overall.
The Ward's 50 benchmarks are available in Ward's Results, an insurance
industry financial reference series. To learn more about the Ward's 50 and
Ward Group operational benchmarking and consulting services, visit
http://www.wardinc.com.
2006 Ward's 50 Top Performers -- Life-Health Companies
(listed alphabetically)
Aetna Life Insurance Company
AFLAC
AIG SunAmerica Life Insurance Company
Alfa Life Insurance Corporation
Allstate Life Insurance Company
American Fidelity Assurance Company
American National Insurance Company
Ameritas Life Insurance Corp.
Amica Life Insurance Company
Auto-Owners Life Insurance Company
Beneficial Life Insurance Company
Cincinnati Life Insurance Company
Combined Insurance Company of America
Farm Bureau Life Insurance Company
Farm Bureau Life Insurance Company of Michigan
Federated Life Insurance Company
Fidelity Investments Life Insurance Company
Genworth Life Insurance Company
IDS Life Insurance Company
Jefferson-Pilot Life Insurance Company *
John Hancock Life Insurance Company
Liberty National Life Insurance Company
Massachusetts Mutual Life Insurance Company
Metropolitan Life Insurance Company
Midland National Life Insurance Company
Minnesota Life Insurance Company
National Life Insurance Company
National Western Life Insurance Company
Nationwide Life Insurance Company
New York Life Insurance Company
Northwestern Mutual Life Insurance Company
Pacific Life Insurance Company
Pekin Life Insurance Company
Penn Mutual Life Insurance Company
Physicians Mutual Insurance Company *
Primerica Life Insurance Company
Protective Life Insurance Company
Security Benefit Life Insurance Company
Sentry Life Insurance Company
Southern Farm Bureau Life Insurance Company
Standard Insurance Company
Symetra Life Insurance Company
Teachers Insurance and Annuity Association of America
Thrivent Life Insurance Company
Union Security Insurance Company
United Healthcare Insurance Company
United Life Insurance Company
Unum Life Insurance Company of America
USAA Life Insurance Company
Western & Southern Life Insurance Company
2006 Ward's 50 Top Performers -- Property-Casualty Companies
(listed alphabetically)
Accident Fund
Acuity
Allstate Insurance Company
American Modern Insurance Group
American National Property & Casualty Company
Amerisure Companies
Automobile Club of Southern California
Auto-Owners Insurance Group *
California State Automobile Association
Canal Insurance Group *
Central Mutual of Ohio Group
Chubb Group
Church Mutual Insurance Company
Cincinnati Insurance Group *
Columbia Insurance Group
The Commerce Group, Inc.
Donegal Insurance Group
Farm Bureau of Michigan Group
Federated Mutual Group
Frankenmuth Financial Group
GEICO *
Germania Insurance Group
Grange Mutual Casualty Group
Grinnell Mutual Group
The Hartford Fire Group
Hastings Mutual Insurance Company
IDS Property Casualty Insurance Company
Indiana Farmers Mutual Insurance Company
Jewelers Mutual Insurance Company
Kentucky Farm Bureau Mutual Insurance Company
Louisiana Workers' Compensation Corporation
Maine Employers Mutual Insurance Company
Markel Corporation Group
Mercury Casualty Group
Metropolitan Property and Casualty Insurance Company
North Star Mutual Insurance Company
Old Republic Insurance Group
Pennsylvania Lumbermens Mutual Insurance Company
Philadelphia Insurance Companies
Progressive Casualty Insurance Company
Protective Insurance Group
RLI Insurance Group *
SECURA Insurance Companies
Selective Insurance Company of America
Tennessee Farmers Mutual Insurance Company *
United Fire & Casualty Group
USAA Group *
West Bend Mutual
Western National Mutual Insurance Group
Western World Group
* 16-year recipient (1991-2006)
For more information
contact Betty Cornelius
(513) 791-030
SOURCE Ward Group
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Related links:
http://www.wardinc.com
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