Unity Life : Financials

Unity Mutual Life
Insurance Company

PO Box 5000
Syracuse, NY • 13250
Tel: 800-836-7100
Fax: 315-448-7100

2008 Annual Financials

A primary way to measure a life insurance company’s strength is its assets and liabilities as shown on its statutory balance sheet. The following shows the major components of Unity Mutual’s balance sheet as of year-end 2008:

Statutory Balance Sheet
(Amounts in Thousands)

Admitted Assets	$267,880
Policy Reserves and Claims	$228,414
Total Liabilities	$243,333
Surplus	$24,547

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Unity invests in well-diversified investment grade bonds to support the cash flow requirements of its policies. Unity does not invest in below investment grade (junk) bonds; however, occasionally, a bond holding may be downgraded to this status. At year-end 2008, only 2.3% of the investment portfolio was less than investment grade bonds. Additionally, less than 0.1% of Unity’s admitted assets were invested in mortgages and real estate.

Cash and Invested Assets(Year 2008)
(Amounts in Thousands) Total: 249,091

Category	Amount	Ratio
Bonds	208,479	84%
Cash & Short Term	21,623	9%
Common and Preferred Stock	5,020	2%
Loans to Policyholders	9,727	4%
Mortgages, Loans, Real Estate, & Other	4,242	<2%

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