Funding Agreement-Backed Note Program
Individual Life statutory premium income
($ in millions)
$5,000
$4,034
5-year CAGR: 4.1%
$4,096
$4,692
$4,283
$4,404
$3,844
$4,000
$3,000
$2,000
$1,000
$0
2016
2017
2018
2019
2020
2021
The Guardian Life Insurance Company of America ("GLIC")
Parent Company Statutory Premium Income
2021 statutory premium income
6%
44%
50%
C
($ in millions)
$600
$501
$481
$500
$464
$400
$300
$200
$100
$0
2016
2017
2018
2019
2020
2021
Individual life
■Group
Individual Disability
$9,443 million total(a)
Individual Disability statutory premium income (b)
5-year CAGR: 3.7%
Group Benefits statutory premium income
($ in millions)
$520
$536
$557
$5,000
5-year CAGR: 3.9%
$4,194
$4,000
$3,782
$3,903
$3,974
$3,613
$3,457
$3,000
$2,000
$1,000
$0
2016
2017
2018
2019
2020
2021
Note: Statutory financials for parent company level, unless otherwise stated
8 Guardian
(a) Excludes $2mm of reinsurance premium income
(b) BLICOA sells all individual disability income insurance products and has a reinsurance treaty with Guardian where Guardian assumes 80% of BLICOA's net individual disability business
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