American Family 2011 Annual Report Download

Download and view the complete annual report

Please find the complete 2011 American Family annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 24

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24

Table of contents

  • Page 1

  • Page 2

  • Page 3

  • Page 4
    American Family executives Jack Salzwedel (left) and Dan Schultz at an American Family Insurance care center in Madison, Wis. AMERICAN FAMILY INSURANCE | 2011 ANNUAL REPORT

  • Page 5
    ... challenge in 2011, and we're pushing ourselves to find better ways to serve you in 2012 and beyond. For thousands of residents in Joplin, Mo., their dream is to get back to the lives they once had, before a massive, powerful tornado turned their lives upside down. American Family Insurance is in...

  • Page 6
    .... "Our customers put their trust in us, and it's an awesome honor to come through for them." Visit http://www.amfam.com/2011- report for videos and expanded versions of these stories about American Family Insurance's response to the Joplin disaster. AMERICAN FAMILY INSURANCE | 2011 ANNUAL REPORT

  • Page 7
    ...American Family homeowners insurance policy. Their agent, Derek Holmes, rose above his own adversity to take care of them. Despite the fact his office...days to rebuild their home. "American Family cared for us as human beings," says Debbie. "We knew we were going to be OK." Energized by a clear vision...

  • Page 8
    ...relatively short order, Eva received checks covering her home, car and rental property. She was thankful she chose American Family as the one company to meet her various insurance needs. Eva kept her family in mind when she purchased an existing home and is back to living her dream. "They mean a lot...

  • Page 9
    ... their promises. But after regular conversations with his American Family Insurance agent, Bob Brown, things changed. One of the first things Bob did was to arrange a personal meeting between Mike and members of the American Family catastrophe claim team in Joplin. Plus, Bob and Adjuster Ryan Chase...

  • Page 10
    ... and deadly tornado in Joplin, Mo., and others who had to rebuild their lives after similar events. My role as chief financial officer is to provide leadership and coordinate the incredibly talented teams that manage American Family Insurance's finances. That's how we care for our customers - by...

  • Page 11
    ... total assets: American Family Mutual Insurance Company American Standard Insurance Company of Wisconsin (ASIC) American Family Life Insurance Company (AFLIC) American Family Brokerage, Inc. American Family Financial Services, Inc. (AFFS) American Family Insurance Company American Standard Insurance...

  • Page 12
    American Family Insurance Group CONSOLIDATED BALANCE SHEET GAAP basis - As of Dec. 31, 2011 (in thousands) Assets Bonds Stocks Real estate Mortgages Other invested assets Short-term investments Cash and cash equivalents Premiums receivable Investment income receivable Deferred policy-acquisition ...

  • Page 13
    ...premiums earned Net investment income Other revenues 2011 $5,271,591 327,285 511,621 40,740 2010 $5,378,823 326,782 565,632 50,237 Total Revenues $6,151,237 $6,321,474 Losses and Expenses P/C losses incurred P/C expenses incurred Life insurance benefits incurred Other expenses 2011 $3,380,838...

  • Page 14
    ... Insurance Company $4,892,973 * $273,221 ** $331,513 89% 5% 6% American Family Life Insurance Company Total insurance in force New business issued $87.0 billion $7.2 billion * Before reinsurance assumed from ASIC and ASICO. Includes AFIC. ** Includes ASICO. AMERICAN FAMILY INSURANCE | 2011 ANNUAL...

  • Page 15
    ... Family Mutual Insurance Company BALANCE SHEET GAAP basis - As of Dec. 31, 2011 (in thousands) Assets Bonds S tocks, unaf filiated S tocks, af filiated Real estate Other invested assets Shor t-term investments Cash and cash equivalents Premiums receivable Investment income receivable Reinsurance...

  • Page 16
    ... Insurance Company of Wisconsin BALANCE SHEET GAAP basis - As of Dec. 31, 2011 (in thousands) Assets Bonds Cash and cash equivalents Investment income receivable Premiums receivable Reinsurance recoverable Other assets $324,486 15,684 2,760 1,763 199,162 20,428 Total Assets $564,283 Liabilities...

  • Page 17
    American Family Life Insurance Company BALANCE SHEET GAAP basis - As of Dec. 31, 2011 (in thousands) Assets Bonds Stocks, unaffiliated Mortgages Cash and cash equivalents Policy loans Investment income receivable Deferred acquisition costs Income tax recoverable Reinsurance recoverable Other ...

  • Page 18
    ...& Service Annette S. Knapstein Vice President Marketing Scott J. Seymour Vice President Corp Legal & Reg Affairs Timothy D. Constien Vice President Claims Operations Christopher R. Listau Vice President Agency Sales Pamela M. Stampen Vice President Human Resources Justin B. Cruz Vice President...

  • Page 19
    ... President and Chief Operating Officer American Family Insurance Group David R. Anderson Retired Chairman and Chief Executive Officer American Family Insurance Group Michael M. Knetter, Ph.D. President University of Wisconsin Foundation Paul S. Shain Chief Executive Officer Singlewire R. Scott...

  • Page 20
    ... Inland marine Nonprofit Directors and Officers Liability Rental Dwelling Protection Program Workers' compensation These products are underwritten by American Family Life Insurance Company: Life Fixed annuities Term life Universal life Whole life AMERICAN FAMILY INSURANCE | 2011 ANNUAL REPORT

  • Page 21
    ..., Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, North Dakota, Ohio, Oregon, South Dakota, Utah, Washington and Wisconsin. Our national headquarters is in Madison, Wis. We have regional offices in Englewood, Colo., Madison and St. Joseph, Mo. 19

  • Page 22

  • Page 23

  • Page 24
    American Family Mutual Insurance Company and its subsidiaries 6000 American Parkway - Madison, WI 53783-0001 1-800-MY AMFAM (1-800-692-6326) amfam.com 2011 annual report website: http://www.amfam.com/2011-report PR-05642 Rev. 12/11