PITTSBURGH – HM Life Insurance Company, a member company of HM Insurance Group (HM), has been named to Ward’s 50 Top Performing Insurance Companies for 2016. This is the eighth consecutive year that the national stop loss carrier has been among this elite group that was selected from more than 700 life-health companies across the country.
“Being recognized for our financial stability and ability to grow while maintaining strong capital and underwriting results is an important demonstration to our clients and business partners that they can have confidence in placing their stop loss business with HM,” Matt Rhenish, president and chief operating officer at HM Insurance Group, said. “Being consistently named to this list is particularly significant given the climate of today’s insurance market.”
Companies identified for Ward’s 50 pass safety and consistency screenings and achieve superior performance over the five-year period included in the analysis. It is an important objective of Ward Group to compare the performance of the Ward’s 50 benchmarks with the rest of the industry. With that in mind, the Ward’s 50 benchmarks showed more favorable statutory return on average equity, greater growth in policyholder surplus, greater growth in net premium income and lower expenses relative to net premiums.
Ward Group is part of Aon Hewitt, a business unit of Aon plc (NYSE: AON).