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Ullico
Ullico Inc. is a privately held insurance and financial services holding company in the United States. Formerly known as Union Labor Life Insurance Company was founded in 1925〔("Company Overview.'' Bloomberg Businessweek. ''June 6, 2011.'' )〕 by the American Federation of Labor (AFL) and its then president, Samuel Gompers, to offer health and life insurance products specifically to America’s working men and women. Matthew Woll, president of the Photo Engravers Union, became the company’s first president. Today, Ullico is one of the largest insurers, risk solutions and investment managers focused on the union marketplace in the United States. It is based in Washington, D.C.
==Overview==
Ullico Inc.'s mission is to provide financial security to union members and their families. The company provides specialty insurance and investment products to labor organizations, union employers, municipalities and institutional investors, as well as union members and retirees. Ullico is a privately held, joint stock company. The company's constitution and bylaws permit shares to be held only by trade unions, union officials, union members and union benefit funds. The stock's value changes once a year when company directors set a new share price based on the advice of independent auditors.
As of 2009, the company insured more than two million union members and dependents through $25 billion in Life, Accidental Death and Dismemberment insurance. Further, more than six million members were served through $125 million in gross written Property and Casualty premiums. Ullico had $5.5 billion in assets and a consolidated GAAP Equity of nearly $240 million.
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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