Midwest Holding / American Life Annuity Products:
Manage your money into retirement with a secure, low-risk fixed deferred annuity. American Classic provides predictable returns through a fixed, competitively high interest rate and offers innovative features like a Loyalty Bonus that rewards you for helping keep our costs low.
Grow & protect your savings with a fixed indexed annuity. American Select offers flexible participation in any of three reputable indices or a fixed rate, you can customize your allocation over time to meet your needs. When markets grow, you gain, but should markets decline, your principal remains protected. Subsidiaries:
American Life is a Nebraska based insurer that was founded in 1960 and reimagined in 2018. We combine the industry's best practices, with the foward thinking technology leveraging M-PAS and 1505 Capital to provide best-in-class life and annuity products.
1505 Capital is an SEC-registered investment advisor. We are building unparalleled risk management technology designed to implement innovative asset liability management solutions for ourselves and our clients.
Seneca Re is a Vermont sponsored captive reinsurance company, which along with it's affiliate 1505 Capital, brings capital markets oriented capacity to the U.S. insurance market.
As of March 15, 2021, there are 3,737,564 shares of Voting Common Stock, par value $0.001 per share, issued and outstanding.
As of August 28, 2020, there are 22,000,000 shares authorized, of which 20,000,000 shares are designated as voting common stock and 2,000,000 shares are designated as non-voting common stock. Also available are 2,000,000 shares of preferred stock (zero issued/outstanding).
Our goal is to create long-term value for our stakeholders through investment and innovation in the insurance value chain. We are led by industry pioneers Mike Minnich and Michael Salem. We are personally invested in Midwest’s success and are committed to alignment and transparency with those who invest alongside us.