Woodmen of the World Annual Report

Annual Report

Omaha, Neb. – Woodmen of the World's 2009 financial performance included a gross revenue of $1.2 billion and a net gain before member dividends of $152 million, according to an annual report released April 15 by the fraternal benefit organization. Even with the current economic and financial climate Woodmen of the World remains strong with $111 of assets for every $100 of liabilities.

"We recently achieved a significant milestone. Our assets now total more than $8 billion for the first time ever. Woodmen of the World has always followed a conservative investment philosophy, which continues to serve us well. We never invest in junk bonds, and because of the quality of our portfolio and the trust of our valued members, we were pleased to see growth in our assets in 2009," said Danny Cummins, President and CEO of Woodmen of the World.

Investment income reached $403 million, and life insurance in force stands at $34.9 billion. Woodmen of the World's premium income from life insurance and annuity products in 2009 exceeded $800 million. The company provided $516 million in benefit payments to members and their beneficiaries and returned nearly $109 million in member dividends.

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Life and health insurance and annuity products are issued by Woodmen of the World Life Insurance Society and/or Woodmen

Omaha Woodmen Life Insurance Society, a Nebraska corporation that is licensed as Woodmen of the World Life Insurance Society (Woodmen of the World) in all states and the District of Columbia, except CA, CO, ID, MT, NV, OR, UT, WA and WY. In those states, Woodmen of the World is licensed as Omaha Woodmen Life Insurance Society (Woodmen). For consumers in those states, Woodmen of the World means Woodmen. Not all products are available in all states. Not all representatives are licensed to sell all products.

Securities are offered and processed through Woodmen Financial Services, Inc., 1700 Farnam Street, Omaha, NE 68102, 877-664-3332, member FINRA/SIPC and MSRB, a wholly owned subsidiary of Woodmen of the World Life Insurance Society and/or Omaha Woodmen Life Insurance Society. Securities other than Woodmen Variable Annuity are issued by companies that are not affiliated with Woodmen of the World Life Insurance Society and/or Omaha Woodmen Life Insurance Society.

Products are offered and processed through Woodmen Insurance Agency, Inc., a wholly owned subsidiary of Woodmen of the World Life Insurance Society and/or Omaha Woodmen Life Insurance Society. These products are issued by carriers that are not affiliated with Woodmen of the World Life Insurance Society and /or Omaha Woodmen Life Insurance Society.

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	Annual Report Omaha, Neb. – Woodmen of the World's 2009 financial performance included a gross revenue of $1.2 billion and a net gain before member dividends of $152 million, according to an annual report released April 15 by the fraternal benefit organization. Even with the current economic and financial climate Woodmen of the World remains strong with $111 of assets for every $100 of liabilities. "We recently achieved a significant milestone. Our assets now total more than $8 billion for the first time ever. Woodmen of the World has always followed a conservative investment philosophy, which continues to serve us well. We never invest in junk bonds, and because of the quality of our portfolio and the trust of our valued members, we were pleased to see growth in our assets in 2009," said Danny Cummins, President and CEO of Woodmen of the World. Investment income reached $403 million, and life insurance in force stands at $34.9 billion. Woodmen of the World's premium income from life insurance and annuity products in 2009 exceeded $800 million. The company provided $516 million in benefit payments to members and their beneficiaries and returned nearly $109 million in member dividends. Interactive Annual Report	Printer Friendly Page