Welcome to VALIC

I would like to say a few words about the qualities that characterize our company and employees.

The financial strength of firms through which you invest your life savings is of the utmost importance. Financial strength is a feature for which VALIC has been known for over half a century, and, as a financial services company, we continue to receive high ratings from the leading independent ratings agencies. 

As of March 31, 2011, VALIC has over $69 billion in assets. Our company remains financially strong with Total Adjusted Capital and Surplus of $ 4.1 billion in addition to reserves held to meet policyholder benefits and claims. Of course, this strength is vitally important to our nearly two million investors, since our fixed annuity guarantees are backed by the claims-paying ability of The Variable Annuity Life Insurance Company.

Another aspect of our strength is our commitment to serve a diverse marketplace. Since our founding more than half a century ago, we have helped millions of Americans achieve their savings and retirement goals with high-quality products and superior service. For us, delivering on this promise of excellence now and for decades to come means not only acknowledging and embracing the differences among our customers, but also ensuring that diversity remains a cornerstone of our company’s culture.

Our employees work hard to earn the confidence of our clients, and the opportunity to be of service is something we all genuinely value. 

Sincerely,

Bruce Abrams, President and Chief Executive Officer