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Insurance Company Details

North American Company for Life & Health Insurance

Company Profile

Sammons Enterprises Group
Iowa
66974
1886
4350 Westown Parkway
West Des Moines, IA 50266

Company Information

North American Company for Life and Health Insurance offers term and permanent life insurance, and annuities; which include fixed index annuities, traditional fixed annuities, multi-year guarantee annuities and single premium immediate annuities (SPIA). The company was founded in 1886, and has stood strong to help protect those who counted on the company for financial security, even through two World Wars, the Great Depression and multiple recessions. In 1996, North American was acquired by Sammons Financial Group. Unlike many other financial services companies, North American is not publicly traded—meaning the company is not subject to short-term earnings pressures that are often faced by its publicly traded peers. The company maintains strong industry ratings that are a direct result of the efforts of its dedicated employee-owners and long-term growth strategy.

Assets and Liabilities

$27,330,486,090
$25,899,313,044
$1,431,173,046
105.53%

Ratings

A+
(2nd of 15 ratings)
A+
(5th of 20 ratings)
Not Rated
A+
(5th of 21 ratings)
88
(percentile of rated companies)

Financial Data for the year ending December 31, 2018. All ratings shown are current as of May 15, 2019