Forethought Life Insurance Co. officials announced that for the third consecutive year it has been named as one of the nation’s top 50 highest-performing life-health insurance companies in the prestigious 2012 Ward’s 50 ranking.
For the last 22 years, the Ward’s 50® annual list, compiled by leading consulting firm Ward’s Group, has ranked the nation’s 50 highest-performing life-health insurance carriers by assessing a comprehensive range of financial data. Ward’s specifically looks at companies that consistently outperform the industry in key factors including: financial stability, revenue growth, capital/surplus positions, underwriting results and financial returns.
The 2012 Ward’s 50® ranking assessed financial performance for the years 2007–2011 and included analysis of more than 800 U.S.-based life-health insurance companies with five or more years of consecutive operations. Each Ward’s 50® company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
"The strength and stability of Forethought’s financial position are key differentiators in our ability to serve customers and grow our business," Forethought Chairman, President and CEO John Graf said. "Forethought takes pride in receiving this prestigious industry recognition for the third consecutive year. It is an acknowledgment of Forethought delivering strong financial and operational performance that is achieved through the sound fundamental principles that guide our business through all economic climates."