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Midwest Holding

Stock Price

$27

2023-12-29

Market Capitalization

$101.1 M

2023-12-29

Revenue

$30 M

FY, 2022

Midwest Holding Summary

Company Summary

Overview
Midwest Holding is a financial services company focused on providing technology-enabled and services-oriented solutions to distributors and reinsurers of annuity and life insurance products. It provides an end-to-end solution to manage annuity and life insurance policies that includes a set of product development, distribution support, policy administration, and asset liability management services. The company also delivers reinsurance management and asset management services as a solution for reinsurers.
Type
Public
Status
Active
Founded
2003
HQ
Lincoln, NE, US | view all locations
Website
https://www.midwestholding.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Michael Salem
  • Mark Oliver
  • Shyamal Somaroo, Chief Technology Officer

    Operating MetricsView all

    Direct Written Premium

    $279.5M
    251.6%

    Q3, 2020

    Direct Written Premium (MYGA)

    $145.7M

    FY, 2019

    Direct Written Premium (FIA)

    $15.6M

    FY, 2019

    LocationsView all

    1 location detected

    • Lincoln, NE HQ

      United States

      2900 S 70th St #400

    Midwest Holding Financials

    Summary Financials

    Revenue (Q3, 2023)
    $16.4M
    Net income (Q3, 2023)
    $2.8M
    Cash (Q3, 2023)
    $197.8M
    Enterprise value
    ($94.7M)

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