As the marketplace becomes increasingly digital and life expectancies continue to rise, how we help people protect their future must evolve as well. As we have done for the last 150 years, we continued to proactively evolve our product portfolio in 2019 without losing sight of our purpose. Accordingly, the business partnerships we build are centered on innovation, coupled with evolving our product offerings to meet the changing needs of our customers.
As a mutual insurance company, we recognize the power of long-term creation. We can invest in our future only if the decisions we make today fuel the long-term performance necessary to meet our customers’ needs far into the future. It is with this perspective in mind that we announced and executed a series of strategic transactions over the past year involving our asset management and international insurance holdings.
These businesses are strategic differentiators for us, giving us the ability to both broaden our offerings and generate earnings that benefit our policyowners. Together with our partners, we are building a stronger, more innovative, and diversified company.
