Close
ThinkAdvisor

Life Health > Health Insurance > Health Insurance

Mutual Insurer Increases Dividend

X
Your article was successfully shared with the contacts you provided.

Guardian Life Insurance Company of America says it will pay $723 million in dividends to individual life policyholders in 2009, up from about $663 million this year.

The 2009 dividend will reflect a dividend interest rate of 7.30%, according to Guardian, New York.

Guardian can increase its dividend despite economic volatility because of improved mortality experience and strong investment performance, Guardian President Dennis Manning says.

More on this topic