PITTSBURGH – HM Life Insurance Company, a member company of HM Insurance Group (HM), has been named as one of Ward’s 50 Life & Health Top Performers for 2017. This is the ninth consecutive year that HM has been among this elite group that was selected from more than 700 life-health insurance companies domiciled in the United States.
“In a health care market facing growing costs and rising claims, our clients want to know that we can meet our commitments and help them to protect their financial well-being with our coverage,” Tom Doran, president and chief operating officer of HM Insurance Group, said. “Being recognized by Ward’s for financial stability and growth while maintaining strong capital and underwriting results is an important demonstration of our ability to meet our obligations.”
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 outperformed the industry with regard to statutory return on average equity, growth in policyholder surplus, growth in net premium income and lower expenses relative to net premiums.
Ward Group is part of Aon plc (NYSE: AON).
About HM Insurance Group
HM Insurance Group (HM) works to protect businesses from the potential financial risk associated with catastrophic health care costs. The company provides reinsurance solutions that address risk situations confronting employers, providers and payers. A recognized leader in Employer Stop Loss, HM also offers Managed Care Reinsurance nationally.
HM Life Insurance Company, HM Life Insurance Company of New York and Highmark Casualty Insurance Company are rated “A-” (Excellent) by A.M. Best Company, one of the country’s oldest and most respected rating agencies. HM also consistently has been named to Ward’s 50 life and health companies based on financial performance. Through its insurance companies, HM Insurance Group holds insurance licenses in 50 states and the District of Columbia and maintains sales offices across the country.
Contact: Jennifer Mahan, jennifer.mahan@hmig.com or 412-544-1359.
