Funding Agreement-Backed Note Program
Guardian Overview
Founded in New York in 1860, Guardian provides life and disability insurance, employee
benefits, retirement and investment products
Dividends paid to policyholders every year since 1868
Converted to a mutual company in 1925
4th largest mutual life insurance company in the U.S. based on surplus according to NAIC
peer-compiled data
•
Surplus of $8.6 billion as of December 31, 2021
•
Total adjusted capital of $10.7 billion as of December 31, 2021
•
Total life insurance in-force of $724.8 billion as of December 31, 2021
Two principal operating segments (a)
•
Individual Markets - Individual Life ($4,748 million), Individual Disability ($696 million), Individual
Annuity ($98 million)
Group Benefits - Group Insurance ($4,435 million)
Leading market positions
4th largest writer of participating whole life insurance in the industry in 2021 according to LIMRA
Sales Report
BLICOA is a top 5 writer of Individual disability insurance according to the LIMRA Disability Income
Sale Survey
Dental business ranks third in in-force PPO cases according to 2020 LIMRA survey results
8 Guardian
Who We Are
Our Purpose
As a mutual company, our purpose is to
keep our promises and inspire well-
being. We have been helping people
protect their future and secure their
lives for more than 160 years. Every day,
we serve people by helping them and
their families pursue financial
confidence and well-being in life, health,
and wealth.
Our Vision
Our vision is to transform from insurer,
to trusted partner, to champion of well
being.
Our Core Values
Our values are simple: We Do the Right
Thing, We Believe People Count, We
Courageously Shape our Future
Together, and We Go Above and Beyond
for The People we serve.
(a) 2021 consolidated statutory premium income
Sources: NAIC, LIMRA, Statutory filings
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