NEW YORK--(BUSINESS WIRE)--The Guardian Life Insurance Company of America® (Guardian), one of the nation’s largest mutual life insurers, today announced its 2014 results. The company continued to deliver strong performance across the board, ending the year with $6.8 billion in capital, marking its sixth consecutive year of capital growth. As a result, Guardian policyholders received a $787 million dividend payout.
For the year, on a consolidated basis, Guardian earned $1.3 billion in operating income before taxes and dividends to policyholders. The company took in $17.3 billion in premiums and deposits, paid out $5.3 billion of benefits to policyholders and had $529 billion life insurance in force.
“Delivering record results, investing in core competencies and making strategic acquisitions fortified Guardian’s financial strength in 2014,” said Deanna Mulligan, President and Chief Executive Officer of Guardian. “Guardian’s focus is always on its customers and building a strong foundation that will serve them today and into the future. Everything we do is designed to reinforce Guardian’s status as a trusted mutual partner, delivering financial security how, when and where our clients prefer.”
Additional details regarding Guardian’s 2014 financial performance are available in the company’s annual report, now available at: http://www.ar.guardianlife.com/
The Guardian Life Insurance Company of America® (Guardian) is one of the largest mutual life insurers with $6.8 billion in capital and $1.3 billion in operating income in 2014. Founded in 1860, the company has paid dividends to policyholders every year since 1868. Its offerings range from life insurance, disability income insurance, annuities and investments for individuals to workplace benefits, such as dental, vision, and 401(k) plans for businesses. The company has approximately 5,000 employees and a network of over 3,000 financial representatives in more than 70 agencies nationwide. For more information about Guardian, please visit www.GuardianLife.com.