The Knights of Columbus has nearly $90 billion of life insurance in force - more than twice the amount of insurance in force when Carl Anderson was elected Supreme Knight and CEO in 2000.
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Knights of columbus insurance moves up fortune’s list of top companies
1. The Knights of Columbus Carl Anderson moved up to number 909 on Fortune
magazine’s recently released 2013 ranking of America’s top 1,000 companies.
Last year, Fortune’s list ranked the Knights of Columbus Insurance at 912 in total
revenues among the nation’s top companies. Over the past six years, the Knights of
Columbus insurance has climbed 56 spots on the list - up from 965 in 2007.
The Knights of Columbus Carl Anderson does extensive charitable work worldwide,
and operates as a fraternal benefit society offering protection to its members and their
families through high quality life insurance, annuities, disability income insurance
and long-term care insurance. The Knights of Columbus has earned the highest
possible rating from A.M. Best (A++ Superior) for the past 37 consecutive years. In
addition, no insurer in North America is more highly rated.
The Knights of Columbus has nearly $90 billion of life insurance in force - more than
twice the amount of insurance in force when Carl Anderson was elected Supreme
Knight and CEO in 2000. The organization also has nearly $20 billion in assets under
management.
2. “Our growth is directly linked to the commitment we have always held to provide
quality insurance coverage to our members and their families,” said Anderson. “Our
dedicated network of agents, who are Knights themselves, coupled with sustainable
business and investing strategies, serves our members’ insurance needs and sustains
their confidence, enabling us to grow consistently.”
Despite the weakness of the overall economy, the Knights of Columbus Carl Anderson
has enjoyed record growth during the last five years and is stronger now, relative to
the industry, than it was in 2008.
About Knights of Columbus Carl Anderson -
Knights of Columbus Insurance was formed to render financial aid to members and
their families. Mutual aid and assistance are offered to sick, disabled and needy
members and their families. Social and intellectual fellowship is promoted among
members and their families through educational, charitable, religious, social welfare,
war relief and public relief works.
Article Source -
http://www.kofc.org/un/en/news/releases/detail/fortune1000_2013.html