Royal Neighbors of America continues to make significant progress

9/5/2007

Contact: Rita Toalson, FLMI, ACS, (309) 732-8376

(Rock Island, IL) – Royal Neighbors of America reported statutory-basis operating results for the first six months of 2007 as follows:  total admitted assets of $674.1 million and surplus of $228.9 million. These amounts increased 4.0% and 8.4%, respectively, over the Society’s December 31, 2006, totals.

Indicators of Royal Neighbors’ financial strength are the Society’s solvency and surplus ratios. As of June 30, these ratios were 1.51 and 34.0%, respectively, and compared well with accepted industry benchmarks of 1.06 and 7.0%. These results position Royal Neighbors among the most financially secure insurance carriers in the industry.

Net income for the six months ending June 30, 2007, was $19.9 million.

Cynthia Tidwell, Royal Neighbors President/CEO, said, “We are encouraged and energized by these financial results and are working hard to make 2007 another successful year for our members. Our vision to empower women to achieve financial security, health and wellness permeates everything we do.”

Royal Neighbors of America is a non-profit fraternal membership organization that insures lives, supports women, and serves communities. In addition to being able to purchase insurance products, its members also participate in a variety of locally based volunteer opportunities, and are eligible to receive benefits such as scholarships and disaster aid. 

Headquartered in Rock Island, IL, Royal Neighbors serves more than 240,000 certificateholders, has $2.1 billion of insurance in force, and is licensed to do business in 41 states and the District of Columbia.

For more information about Royal Neighbors of America, call (800) 627-4762, or visit the Web site at www.royalneighbors.org.