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2009 Annual Report
Archived News October 28, 2010 Another regional shareholder event for Midwest Holding was held on October 28 at the Quality Inn & Conference Center just outside Grand Island, NE. 100 people were in attendance to hear the exciting update on the progress of Midwest Holding and American Life & Security Corp. Everyone also had the opportunity to meet Milt Tenopir, 29 year offensive line coach at the University of Nebraska and a current Midwest Holding board member, and Jay Foreman, former Husker and NFL linebacker and a member of the Midwest Holding Corporate Development team. Thank you to all who were able to attend the event. .
September 2, 2010 Midwest Holding Inc. held a regional shareholder event and update at the Divots Conference Center in Norfolk, NE. The featured speakers were Milt Tenopir, former University of Nebraska Offensive Line Coach and current Midwest Holding Board member, and Jay Foreman, former Husker and NFL linebacker and a member of the Midwest Holding Corporate Development team. Thank you to all of the 170 shareholders from the region who were able to attend the event. Also, thank you to Donna Herrick, Midwest Holding Founders Council member representing Madison County and owner of Divots, for her wonderful hospitality. Shareholders, watch your mail for your invitation to the next regional event in your area. .
June 29, 2010 Dear Shareholder: Your company, Midwest Holding Inc., is excited to announce that the stock certificates representing your 4% stock dividend are now ready. Your representatives will be personally contacting you over the next several months to set up an appointment to deliver your certificate(s) and to give you an update on the progress and growth of Midwest Holding Inc. and its subsidiary American Life & Security Corp. Midwest Holding Inc. is also proud to report its asset base has reached an embedded value of $19,200,000 through various mergers and acquisitions. In doing so, your company has acquired certificates of authority in three additional states to market our life insurance products and bring those premium dollars back to Nebraska. In addition, Midwest Holding Inc. has formed and established two subsidiary companies, Northstar Financial Corp. in Minnesota and Rocky Mountain Capital Corp. in Colorado. These companies will benefit your company in many ways, including cost sharing and also bringing premium dollars back to Nebraska. We are extremely pleased with the growth of your Life Insurance Subsidiary. In its first year of operation, we have written over $2,000,000 of premium income on residents of Nebraska and currently have over $39,000,000 of life insurance coverage in force. We would like to thank each and every shareholder for their hard work and dedication in helping to build the state of Nebraska’s newest and fastest growing Life Insurance Company. We look forward to seeing you very soon.
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