Funding Agreement-Backed Note Program
Guardian Investment Highlights
Committed to Our Legacy of Financial Strength and Investing in Innovation to Ensure a Strong Future
Commitment to Mutual Status
competitive dividends as primary objectives
Long-Term Track Record
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Long-term financial strength and stability and the payment of
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Long view on investments, free from short-term earnings pressures faced
by publicly-traded companies
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Low-Risk Business Mix & Operating Model
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Strong, stable whole life business growing sustainably with capital
growth; High net worth customer base
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Growth-focused, less interest rate sensitive Group Benefits business
Institutional Asset Management business
Risk-managed for stable, consistent earnings and diverse fee-based
businesses
Earnings Diversification
Strong and consistently profitable operating results with 2021 statutory net
income of $223 million
Policyholder surplus increased at a CAGR of approximately 6.6% from 2004 to
2021
Strong Balance Sheet
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Well diversified product portfolio and differentiated earnings streams
helps reduce volatility in financial results
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Robust Distribution Channels
Highly productive career agent system consisting of 2,390 active agents
as of December 31, 2021
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Strong commitment to long-term protection of clients, and to the
continued success and stability of Guardian
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Group Benefits distribution through career agents and brokers
Strong financial strength, capitalization, insurance ratings with regulatory
capital ratios in excess of required levels
Investment portfolio is conservative and well diversified with approximately
94% of securities in the bond portfolio rated investment grade as of
December 31, 2021
Risk Management
Strong enterprise risk management including governance, risk appetite, risk
limits, and a disciplined ALM framework
Low product risk profile with focus on participating whole life insurance,
annually renewable group insurance and conservative product guarantees
Accomplished Management team
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Well-respected, seasoned executives with extensive experience in the
industry and at Guardian
8 Guardian
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