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Modern Woodmen of America
Modern Woodmen of America is the third-largest (based on assets) fraternal benefit society, with more than 770,000 members.〔().〕 Total assets passed US $14.1 billion in 2014. Though having had the same founder, it is not affiliated financially in any way with another, similarly-styled fraternal benefit society, Woodmen of the World, and despite the name "Modern" is actually older than its counterpart.
==Financial standing/rating==
A. M. Best rates Modern Woodmen’s financial stability, security and management performance as A+ (Superior), the second highest of 15 ratings. The rating is based on a comprehensive quantitative evaluation of the organization’s balance sheet strength, operating performance and business profile. Insurers in the superior category are considered to have a superior ability to meet their ongoing obligations.〔http://www.qconline.com/archives/qco/display.php?id=529845〕
Modern Woodmen follows a conservative investment approach, holding more than 80 percent of its portfolio in corporate and government bonds.〔http://www.modern-woodmen.org/AboutUs/AnnualReport/Financial%20Highlights/Pages/Quality%20Investments.aspx〕
Currently, Modern Woodmen holds $111.69 for every $100 in liabilities.〔(http://www.modern-woodmen.org/AboutUs/AnnualReport/Pages/Financial%20Information.aspx )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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