Ward Group®, a Cincinnati-based consulting firm specializing in the insurance industry, recently named Federated Mutual to the top 50 U.S.-based property and casualty companies and Federated Life to the top 50 U.S.-based life insurance companies.
Ward Group annually recognizes 50 property and casualty, and 50 life-health companies that have excelled at balancing financial safety, consistency, and performance during the past five years. They conducted separate analyses on nearly 3,000 property and casualty companies and 700 life-health companies.
"We are proud to be one of six companies to make both the Property and Casualty and Life Company lists of top performing companies," said Federated Insurance Chairman and CEO Jeff Fetters. "Our continued recognition by Ward Group reaffirms the strength of our risk management efforts in helping our clients succeed."
"Low investment returns, rising loss costs, and competitive market conditions continue to impact financial return for the industry. In selecting the Ward's 50, we identified companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results," said Jeff Rieder, partner and head of Ward Group.
Founded in 1904, Federated Insurance is a national insurance and risk management organization that serves the property, casualty, and life insurance needs of clients in select industries. The organization has more than 500 recommendations from state, regional, and national associations and buying groups and is rated A+ (Superior) by industry analyst A.M. Best® Company.
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Published Date:August 09, 2018