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Royal Neighbors of America Reports Strong Results in 2006

Royal Neighbors of America, Rock Island, Ill., reported strong financial results for 2006, assets growing to $648 million, and surplus increasing 16% or $28.8 million to $211.1 million. Furthermore, the organization maintained a surplus ratio of

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Royal Neighbors of America, Rock Island, Ill., reported strong financial results for 2006, assets growing to $648 million, and surplus increasing 16% or $28.8 million to $211.1 million. Furthermore, the organization maintained a surplus ratio of 32.6%, compared to the industry benchmark of 7%.

Net income went from $2.8 million to $23.7 million.

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