According to the report, Woodmen of the World remains strong with $110 of assets for every $100 of liabilities.
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"We were pleased to see premium income surpass $800 million, and we have our members to thank. That’s the great thing about our organization – the more our members trust us, the better we do financially," said Larry King, President and CEO of Woodmen of the World.
Investment income reached $419 million, and life insurance in force stands at $36.4 billion. Woodmen of the World’s premium income from life insurance and annuity products in 2012 reached over $806 million. The company provided $528 million in benefit payments to members and their beneficiaries and returned more than $77 million in member refunds.
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