Annual Report
Financial & Philanthropic Performance of The Royal Neighbors of America as of December 31, 2025
Management’s Report to Membership
Royal Neighbors remains committed to Insuring Lives, Supporting Women, and Serving Communities℠. Our 280,000+ members across the country help drive our mission through localized volunteerism making social impact the cornerstone of our work.
Royal Neighbors’ responsible growth strategies ensure we can meet our obligation s to certificateholders while funding our philanthropic initiatives. In 2025, we earned a total income of $284.6 million and a net income of $0.9 million. Our certificateholders’ surplus exceeds minimum regulatory requirements by a significant margin and provides
AM Best affirmed our A (Excellent) rating on December 12, 2025.* In 2025, Royal Neighbors earned its ninth Great Place to Work® certification and national recognition from the Telly Awards, Ragan PR, and Blackbaud for excellence in marketing, communications, and record-breaking social good impact.
Members like you are the reason we are Insurance with a Difference℠. Together, we continue to make a difference, generating a new high in Social Good (how we measure our philanthropic impact) of $52.8 million including more than 651,233 volunteer hours delivered to communities across the nation.
*As of December 12, 2025, Royal Neighbors is rated A Excellent (3rd highest out of 13) by the AM Best Company for overall financial strength and ability to meet ongoing obligations to certificate holders. For the latest Best’s Credit Rating, access ambest.com.
Financial Highlights
|
As of December 31
|
2025 | 2024 |
|---|---|---|
Total Admitted Assets |
$1,329,851 | $1,264,155 |
Total Certifcateholders’ Surplus |
$159,936 | $167,658 |
Premium Income, Net of Reinsurance |
$173,632 | $163,333 |
Total Income and Realized Gains |
$284,561 | $281,341 |
Net Income |
$898 | $1,772 |
| (dollars in thousands) |
Royal Neighbors Financial Statement Summary
Balance Sheet
As of December 31, 2024
| 2025 | 2024 | |
|---|---|---|
Cash and Short-term investments |
30,227 | $25,487 |
Investments |
1,251,692 | 1,199,122 |
Other assets |
47,931 | 39,546 |
Total admitted assets |
$1,329,851 | 1,264,155 |
Insurance reserves and claims |
$1,098,183 | $956,763 |
Other liabilities |
71,731 | 139,734 |
Total reserves and liabilities |
$1,169,914 | $1,096,497 |
Total certificateholders’ surplus |
159,936 | 167,658 |
Total insurance reserves, liabilities, and surplus |
$1,329,851 | $1,264,155 |
Income Statement
| 2025 | 2024 | |
|---|---|---|
Premium income, net of reinsurance |
$173,632 | $163,333 |
Investment income |
62,278 | 56,086 |
Reinsurance allowances and miscellaneous income |
52,363 | 61,935 |
Total income |
$288,273 | $281,354 |
Benefits paid or provided |
$160,482 | $177,773 |
Commissions |
71,238 | 63,429 |
General and administrative expenses |
51,944 | 38,367 |
Net income before net realized capital gains |
4,610 | 1,785 |
Net realized capital gains |
(3,712) | (13) |
Net income |
$898 | $1,772 |
Community Reach
280,000+ members improving our communities
270+ chapters participating in grassroots volunteering
651,233 volunteer hours delivered to our communities
Social Good
$52.8 million in Social Good impact
$74,00 Scholarships awarded
$100,000 awarded through Nation of Neighbors℠ women’s empowerment grants