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Balance Sheet Cash Flow Statement 400 E. Anderson Ln. Austin, TX 78752 TX Tel. 512-837-7100 Fax 512-836-9785 |
Type: Public
On the web:
http://www.citizensinc.com
Employees:
540
Employee growth: 248.4%
Citizens aims to prepare its customers for "two of life's possibilities": living and dying. Didn't know you had a choice, eh? A large part of Citizens' strategy is providing ordinary life insurance in niche markets outside the US. Through its CICA Life Insurance Company, it issues life insurance in US dollars to wealthy individuals in Latin America and Taiwan. On the other end of the economic and life spectrum, its Home Service segment sells life insurance to lower-income individuals in Louisiana, primarily to cover final expenses and burial costs. In a macabre synergy, the company also owns a funeral home in the state. Chairman and CEO Harold Riley is the controlling shareholder of Citizens.
Key numbers for fiscal year ending December, 2008:
Sales: $146.7M
One year growth: (15.6%)
Net income: ($15.7)M
Officers:
Chairman and CEO: Harold E. Riley
Vice Chairman, President, and Chief Corporate Officer: Rick D. Riley
EVP and COO: Lawrence D. (Larry) Welch
Competitors:
AIG
BMI Financial Group
National Western




