Funding Agreement-Backed Note Program
What Sets Us Apart
A Strong Balance Sheet Supported by a Low-Risk Product Portfolio, High Degree of Financial Flexibility
and Effective Risk Management
2021 was a strong year for Guardian
Financial Flexibility & Liquidity
Total Adjusted Capital:
$10.7 billion
Invested Assets:
$66.0 billion
Total Revenue:
$12.5 billion
Statutory Premium
$9.4 billion
Income:
•
Very strong capitalization: $8.6 billion in statutory capital, 7%
CAGR since 2011
Operating Income
$1.5 billion
Before Dividends:
Dividends Declared:
$1.1 billion
•
8 Guardian
Excellent liquidity: $2 billion in short-term liquidity and other
liquid assets
High quality investment portfolio: Limited risky assets vs
peers, entered 2021 with modest re-risking given the
vaccination efforts and policy of fiscal stimulus
Cash flow: Annual general account investment maturities of
approximately $3.9 billion.
Institutional Funding: Established Funding Agreement
platform totaling $3.9 billion and eight CLOs totaling $3.2
billion
FHLB Borrowing capacity: $3.6 billion
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