Download John Barrett's Message
We continue to battle the COVID-19 pandemic that is testing the resilience of our financial markets throughout the world. While challenges are expected to continue in 2020 and beyond, Western & Southern Financial Group was built for times like these. From the Spanish flu to the Great Recession and many other crises in between, our company has survived and thrived.
We are pleased to report that 2019 was our best year yet by far. We finished the year with record financial results in total revenue, net income, life and health premiums, annuity sales, assets owned, assets owned and managed, and net worth.
With more than twice the average capital-to-asset ratio of the 15 largest publicly traded life insurers doing business in the United States, Western & Southern has the financial strength to keep the promises we make.
We celebrated the successful integration of the Gerber Life Insurance Company into our family of companies in 2019, and we continued to grow our national annuity distribution partnerships to make our solutions available to more and more people like you.
Our investment management subsidiary has expanded its investment strategy offerings. Fort Washington Investment advisors again ranked as the largest money manager in Cincinnati and was named a Best Place to Work for the sixth time.
Nearly two-thirds of our mutual funds delivered better returns for our clients than their peer group. And our real estate subsidiary, Eagle Realty, continued investing in multifamily and commercial properties nationwide while putting the final touches on construction of a beautiful new hotel in downtown Cincinnati.
We contributed over $12 million in 2019 to more than 300 non-profit organizations supporting economic development, human services, health care, education and the arts. This important work helps further our lifelong mission to make Cincinnati a great place to live, work and celebrate life.
Now more than ever, our incredible corporate culture is the foundation of our success. It guides our actions and drives us to do what it takes to meet your evolving needs while ensuring our continued longevity.
Despite the uncertainty that lies ahead, we are incredibly well positioned to deliver the financial solutions you need along life’s journey.
We thank you for your continued confidence in our family of companies. We value it and look forward to serving you for years to come.
Stay healthy, and stay safe.
