Insurance is an important segment of the financial sector. Presently,many insurance companies have flourished all over the world. These companies are doing good business and they are the major revenue earner of a nation. In USA a few insurance companies are doing good business. These companies offer
highly specialized service to the customers in USA. After the globalization of the insurance market, top insurance companies of USA are now providing insurance service all over the world. Ohio National is one of the leading insurance companies in USA
At the very incipient Ohio National
was a stock company. This company was converted into a mutual fund agency in the year 1959. In the year 1998 Ohio National was converted into a mutual insurance holding agency. The name of the mutual insurance holding agency of Ohio national is Ohio National Mutual Incorporation. Ohio National has its headquarter in Cincinnati, Ohio.
Ohio National has now become a very rich insurance company of USA
. This company has a total asset of more than $14.2 billion. The total wealth of Ohio national include the wealth of New York based Suffolk Capital Management which has recently been acquired by Ohio National.
Ohio National Life Insurance company is one of the few companies in USA which did not opt for demutualization of its assets at the very outset of this century. Many insurance companies of the USA demutalized their mutual funds in the beginning of this century. The companies which demutalize their funds include John Hancock, Met Life and Prudential. The policy owners of these companies received cash award, stock and policy credit more than the price of $100 billion in the wake of this demutalization. But Ohio National did not demutalize the assets of its mutual fund at that time.
Contact information of Ohio National
Ohio National Life Assurance Corporation, P.O. Box- 237, Cincinnati, Ohio 45201
Phone: (800) 366-6654.