2018 Financials Strong, Steady and Stable for OneAmerica®

OneAmerica^® today announced its 2018 financial results,
demonstrating another solid year of growth, highlighted by strong
capital levels and increased sales.

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2018 Financials Strong, Steady and Stable for OneAmerica® (Graphic: Business Wire)

“As a caring company that creates tangible outcomes, the best measure of
our mission is the six billion dollars we paid out to our customers in
2018,” said Scott Davison, OneAmerica chairman, president and CEO. “Our
exceptional financial strength and industry-leading growth will enable
us to continue to create more positive outcomes for many years to come,
and as a mutual company, our focus remains the long-term best interests
of our customers.”

Over the past five years, each OneAmerica business line has experienced
tremendous compound annual sales growth with increases of 8.5 percent in
our Individual Life and Financial Services products, 9.9 percent in
Retirement Services and 24.2 percent in Employee Benefits. Assets under
administration for the enterprise tallied $77.2 billion, with a
compounded annual growth rate of 16% over the past five years, while the
enterprise maintained a 93 percent customer-retention rate.

The company’s continued growth is supported by its very strong capital
position and financial strength, which were again validated by major
ratings agencies in 2018. Total available capital finished 2018 at a
record level of $1.8 billion. OneAmerica continues to maintain capital
levels above the AAA level, Standard & Poor’s (S&P) highest capital
standard.

A.M. Best affirmed the A+ (Superior) rating for OneAmerica companies
American United Life Insurance Company^® (AUL) and The State
Life Insurance Company^® (State Life) on July 27, 2018. A+
(Superior) is the second highest of 16 possible ratings. In addition,
the AA-rating assigned to AUL and State Life by S&P’s was also affirmed
– the fourth highest of 22 possible ratings as of September 7, 2018.

About OneAmerica

A national leader in the insurance and financial services marketplace
for more than 140 years, the companies of OneAmerica help customers
build and protect their financial futures.

OneAmerica offers a variety of products and services to serve the
financial needs of their policyholders and customers. These products
include retirement plan products and recordkeeping services, individual
life insurance, annuities, asset based long-term care solutions and
employee benefit plan products.

Products are issued and underwritten by the companies of OneAmerica and
distributed through a nationwide network of employees, agents, brokers
and other sources that are committed to providing value to our customers.

To learn more about our products, services and the companies of
OneAmerica, visit OneAmerica.com/companies.
The OneAmerica
2018 Annual Report is also now available for download.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190426005340/en/