StanCorp Financial Group Inc. (SFG)

StanCorp Financial Group, Inc., through its subsidiaries, provides group insurance products and services in the United States. It operates through two segments: Insurance Services and Asset Management. The Insurance Services segment offers group and individual disability insurance, group life and accidental death and dismemberment insurance, and group dental insurance products. Its Asset Management segment provides 401(K) plans, 457 plans, defined benefit plans, money purchase pension plans, profit sharing plans, 403(b) plans, and non-qualified deferred compensation products and services through an affiliated broker-dealer. This segment also offers investment management and advisory services, financial planning services, commercial mortgage loan origination and servicing, individual fixed annuities, group annuity contracts, and retirement plan trust products. The company sells its products by sales representatives through master general agents and brokers, primarily to physicians, lawyers, executives, other professionals, and small business owners. It serves life and disability insurance needs of employer groups; and the disability insurance needs of individuals. StanCorp Financial Group, Inc. was founded in 1998 and is headquartered in Portland, Oregon.

For the nine months ended 30 September 2006, StanCorp Financial Group, Inc.'s revenues increased 6% to $1.84B. Net income decreased 11% to $136.3M. Revenues reflect the premium growth in the Insurance Services segment and revenue growth in the Asset Management segment. Net income was offset by higher benefits to policyholders, an increase in interest credited, higher operating expenses and increased commissions & bonuses.