Better known in the insurance industry and to its customers as Western & Southern, Western & Southern Financial Group is a holding company based out of Ohio that controls a large group of smaller financial service businesses and related insurance companies. Combined, the entire portfolio of subsidiaries represents assets of $52 billion as of 2011. As a result, the corporation and its holdings combined rate in the top ten life insurance companies according to Standard & Poor.
Western & Southern has been in the insurance industry since 1888, representing yet another player that started in the 19th century. Today, the company sits in the Fortune 500, but just barely at rank 482. Along with life insurance, the various companies under Western & Southern also sell annuities, investments and asset management, and mutual funds as well. Among the various subsidiaries in the life insurance business owned by Western & Southern, the following are included:
The Western & Southern Life Insurance Co
Western-Southern Life Assurance Co
Columbus Life Insurance Co
Lafayette Life Insurance Co
IFS Financial Services
Fort Washington Investment Advisers
Eagle Realty Group
Integrity Life Insurance Co.
National Integrity Life Insurance Co.
According to Standard & Poor, Western & Southern carries a AA+ rating for its financial strength and performance. Unfortunately, the company doesn't have the coveted same rating with the other three rating agencies. That said, the remaining ratings for Southern are all very high as well.