2018 Financial and Fraternal Report

Financial Report Catholic Financial Life made history in 2018, as net income and surplus grew to record levels. In addition, total adjusted capital and the risk-based capital ratio reached all-time highs. These results affirm our tradition of financial strength and sustainability to better serve our Society and its members. • N t incom ros 19 p rc nt to $14.3 mi ion in 2018, p rom $12.05 mi ion in 2017 • S rp s incr as d 13 p rc nt rom $88 mi ion to mor than $99 mi ion, th hi h st in th Soci t ’s histor • Tota adj st d capita was mor than $110 mi ion in 2018, p rom $99 mi ion in 2017 • Risk-bas d capita (RBC) ratio incr as d to 949 p rc nt rom 930 p rc nt in 2017 • O r p rsist nc , a r fl ction o o r m mb rs’ o a t and recognition of the value they receive, remains high at 96.5 p rc nt • Kro Bond Ratin A nc r affirm d o r A- financia strength rating and stable outlook

Net Income (in millions)

15.0

14.3

12.05

12.0

11.6

9.0

6.0

$ in Millions

3.0

0.0

2016 2017 2018

Total Adjusted Capital (in millions)

120

110.0

100

99.0

80

79.9

60

40

$ in Millions

20

0

2016 2017 2018

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