HelpAbout LML - Financial Condition
The Financial Condition of LML
As of December 31, 2007
ASSETS
| Bonds | $ 25,789,000 |
| Stocks | 3,821,000 |
| Policy Loans | 660,000 |
| Cash and Short-Term Investments | 1,020,000 |
| Other Assets | 535,000 |
____________ |
|
| Total Assets | $ 31,825,000 |
LIABILITIES
| Reserve for Policy Benefits | $ 17,000,000 |
| Policyowners Funds on Deposit | 1,708,000 |
| Other Statutory Reserves | 679,000 |
| Interest Maintenance Reserve | 297,000 |
| Asset Valuation Reserve | 770,000 |
| Other Liabilities | 782,000 |
____________ |
|
| Total Liabilities | $ 21,236,000 |
Surplus
| Unassigned Surplus | $ 10,089,000 |
| Permanent Statutory Guaranty Fund | 500,000 |
____________ |
| Total Surplus | $ 10,589,000 |
____________ |
|
| Total Liabilities & Surplus | $ 31,825,000 |
Bond Quality Infomation
Lincoln Mutual’s bonds portfolio is excellent, with 99.6 percent in NAIC’s investment grade #1 and #2. NAIC investment grade range is 1 and 2 and noninvestment grade ranges from 3 to 6, with 3 being medium and 6 being the lowest grade. Lincoln Mutual has no derivative investments.