Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Ohio National’s Variable Annuity Sales Up 8.5%


Even though the financial markets and economy had a volatile year, Ohio National had a record year for their earnings, capital growth, and sales.  Their industry was quite challenged this past year with low interest rates and volatile equity markets, but they maintained their strong capital position and excellent ratings.

With variable annuity sales of $1.6 billion in 2011, Ohio National increased their total by 8.5% over 2010.  Last year they focused on protection and guarantees, and in January 2012 were able to bring on new withdrawal benefit riders and different managed volatility funds.  Their individual life insurance sales increased 4.7% to $118.8 million.  This is the 22nd year in a row that they have seen an increase, something no other insurance company has ever done.

Ohio National’s total assets went up 3.3% and their core earnings increased 5.6% from 2010 to 2011.  Their capital position is very strong and increasing and all participating whole life insurance policyholders received a dividend payout for the 88th year in a row.  Gross broker/dealer concessions increased 7.8% and they added over 2,000 financial representatives last year.

Financial strength ratings have been high and unchanged since 1991.  Standard & Poor’s rates Ohio National “AA”, or very strong.  Their A.M. Best rating is “A+”, or superior.  And Moody’s rates Ohio National A1, their 5th highest rating on a scale that goes to 21.  Ohio National was voted one of the best places in Cincinnati to work last year by Enquirer Media.  They also donated over $1 million to local charities in 2011 and saw their 5th and 6th (out of 10) Habitat for Humanity houses built.  Ohio National is on a strong path into the future.

Written by Rachel Summit

Follow Finance Mama on Twitter https://twitter.com/#!/financemama

For more information about the product mentioned in this article contact us here:

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help. For the fastest response, please select 'Phone' as your Contact Preference.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).