HelpAbout LML - Financial Condition
The Financial Condition of LML
As of December 31, 2007
ASSETS
| Bonds | $ 24,704,000 |
| Stocks | 2,977,000 |
| Policy Loans | 620,000 |
| Cash and Short-Term Investments | 3,080,000 |
| Other Assets | 597,000 |
____________ |
|
| Total Assets | $ 31,978,000 |
LIABILITIES
| Reserve for Policy Benefits | $ 17,237,000 |
| Policyowners Funds on Deposit | 1,661,000 |
| Other Statutory Reserves | 770,000 |
| Interest Maintenance Reserve | 244,000 |
| Asset Valuation Reserve | 78,000 |
| Other Liabilities | 1,231,000 |
____________ |
|
| Total Liabilities | $ 21,221,000 |
Surplus
| Unassigned Surplus | $ 10,257,000 |
| Permanent Statutory Guaranty Fund | 500,000 |
____________ |
| Total Surplus | $ 10,757,000 |
____________ |
|
| Total Liabilities & Surplus | $ 31,978,000 |
Bond Quality Infomation
Lincoln Mutual’s bonds portfolio is excellent,
with 100 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.