Midwest Holding IncFRA Midwest Stock Report

Midwest Holding, Inc. engages in the provision of insurance services. The company is headquartered in Lincoln, Nebraska and currently employs 64 full-time employees. The company went IPO on 2015-05-14. The firm is in the life and annuity insurance business and operates through its wholly owned subsidiaries, American Life & Security Corp. (American Life), and 1505 Capital LLC (1505 Capital) as well as through its sponsored captive reinsurance company, Seneca Reinsurance Company, LLC (Seneca Re). The company is focused on helping people plan and secure their future by providing technology-enabled and services-oriented solutions to support individuals retirement through its annuity products. Through American Life it issues several multi-year guaranteed annuities (MYGA) and fixed indexed annuity (FIA) products. American Life offers fixed annuity products, consisting of two MYGAs, two FIAs, and two bonus plans associated with the FIA product. The company distributes its annuities through independent distributors who are primarily independent marketing organizations (IMOs). Its operations are comprised of three distinct, inter-connected businesses.