Financial profile
Combined is committed to offering affordable, quality products that protect individuals and families without asking people to dig deeply into their pockets in the process. We believe in bringing value to all aspects of our organisation, whether you're a customer, employee, or business associate.
Financial Facts
Combined has paid more than $150 million in benefits over the past 5 years and has consolidated assets in excess of $120 million. In 2006 almost $135,000 was paid each and every working day in benefits – that’s almost $35 million in total benefits for the year.
Financial Ratings
Today’s market demands that companies demonstrate the stamina and endurance to perform in the long term. Combined’s financial strength is recognised by the various professional organisations that review insurance companies and we have earned the following rankings:
| A.M. Best | A Excellent (June 2005) |
| Standard & Poors | A- (July 2005) |
| Moody's | A3 (October 2005) |
| Fitch | A- (March 2005) |
Financial Statement
Combined has a long tradition of maintaining a strong financial profile. We consistently achieve strong cash flows and our invested assets emphasise high quality, fixed income assets. Our products generate stable claims patterns with minimal fluctuations which may result from changes in today's economic conditions. This, in conjunction with tightly managed expenses and conservative investment practices, produces predictable operating results, a strong cash flow and desirable return on capital.
2006 Statutory Results:
Premiums Written
Revenue
Pre-Tax Income
Invested Assets & Cash
Total Assets
Insurance Liabilities
Total Liabilities
Net Assets
$88,126,000
$93,004,000
$11,768,000
$99,300,000
$124,261,000
$29,841,000
$51,750,000
$72,511,000
