The Guardian Life Insurance Company of America (Guardian) ended 2013 with $6.1 billion in capital. Its fifth consecutive year of capital growth, Guardian declared a $776 million dividend payout to its Whole Life policyholders.
Consolidated net investment income grew 2.0 percent to $2.1 billion. For the year, on a consolidated basis, Guardian paid out $4.9 billion of benefits to policyholders, had a statutory gain of $1.2 billion from operations, before taxes and dividends to policyholders, and had $307 billion life insurance in force.
