485BPOS 1 l13614ce485bpos.htm ANNUITY INVESTORS VARIABLE ACCOUNT C FORM 485BPOS ANNUITY INVESTORS LIFE INSURANCE COMPANY
 

As filed with the Securities and Exchange Commission on May 3, 2005

Registration No. 333-88302
Registration No. 811-21095
 
 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-4

         
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933   o
  Pre-Effective Amendment No.   o
  Post-Effective Amendment No. 6   þ

and

         
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940   o
  Pre-Effective Amendment No.   o
  Post-Effective Amendment No. 12   þ

(Check appropriate box or boxes)


ANNUITY INVESTORS® VARIABLE ACCOUNT C

(Exact Name of Registrant)

ANNUITY INVESTORS LIFE INSURANCE COMPANY®

(Name of Depositor)

P.O. Box 5423
Cincinnati, Ohio 45201-5423
(Address of Depositor’s Principal Executive Offices)
Depositor’s Telephone Number (800) 789-6771


     
  Copy to:
MARK F. MUETHING, ESQ.
  JOHN P. GRUBER, ESQ.
Executive Vice President, General Counsel and Secretary
  Vice President
Annuity Investors Life Insurance Company
  Annuity Investors Life Insurance Company
P.O. Box 5423
  P.O. Box 5423
Cincinnati, Ohio 45201-5423
  Cincinnati, Ohio 45201-5423
(Name and Address of Agent for Service)
   
  Kevin L. Cooney, Esq.
  Frost Brown Todd LLC
  2200 PNC Center
  201 East Fifth Street
  Cincinnati, Ohio 45202-4182


Approximate Date of Proposed Public Offering: Continuous Offering

It is proposed that this filing will become effective (check appropriate box)

  þ   immediately upon filing pursuant to paragraph (b) of rule 485
 
  o   on (date) pursuant to paragraph (b) of Rule 485
 
  o   60 days after filing pursuant to paragraph (a)(1) of Rule 485
 
  o   on (date) pursuant to paragraph (a)(1) of Rule 485
 
  o   75 days after filing pursuant to paragraph (a)(2) of Rule 485

If appropriate, check the following box:

  o   this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 
 

EXPLANATORY NOTE

This Post-Effective Amendment to the Registration Statement on Form N-1A of Annuity Investors Variable Account C, The Commodore Majesty Variable Annuity, is being filed pursuant to Rule 485(b) of the Securities Act of 1933 (the “1933 Act”) for the sole purpose of filing certain exhibits to the Registrant’s Registration Statement. The form of the Prospectus of the Registrant has not been changed from that contained in the filing made by the Registrant on April 29, 2005 pursuant to Rule 485(b) under the 1933 Act and it is hereby incorporated by reference. The form of the Statement of Additional Information of the Registrant has not been changed from that contained in the filing made by the Registrant on April 29, 2005 pursuant to Rule 485(b) under the 1933 Act and it is hereby incorporated by reference.

 


 

PART C

  Other Information – 333-88302

  Item 24. Financial Statements and Exhibits

         
  (a)   Financial Statements
 
       
      All required Financial Statements are included in Part A or B of this Registration Statement.
 
       
  (b)   Exhibits
 
       
(1)
      Resolution of the Board of Directors of Annuity Investors Life Insurance Company® authorizing establishment of Annuity Investors® Variable Account C. 6/
 
       
(2)
      Not Applicable.
 
       
(3)
  (a)   Distribution Agreement between Annuity Investors Life Insurance Company® and Great American Advisors®, Inc. 6/
 
       
  (b)   Form of Selling Agreement between Annuity Investors Life Insurance Company®, Great American Advisors®, Inc. and another Broker-Dealer. 6/.
 
       
(4)
      Individual and Group Contract Forms and Endorsements.
 
       
  (a)   Form of Qualified Individual Flexible Premium Deferred Variable Annuity Contract. 6/
 
       
  (b)   Form of Non-Qualified Individual Flexible Premium Deferred Variable Annuity Contract. 6/
 
       
  (c)   Form of Guaranteed Minimum Income Benefit Endorsement to Non-Qualified Individual Contract. 6/
 
       
  (d)   Form of Guaranteed Minimum Income Benefit Endorsement to Qualified Individual Contract. 6/
 
       
  (e)   Form of Enhanced Death Benefit Rider to Individual Contract. 6/
 
       
  (f)   Form of Earnings Enhancement Benefit Rider to Individual Contract. 6/
 
       
  (g)   Form of Loan Endorsement to Individual Contract. 6/
 
       
  (h)   Form of Tax Sheltered Annuity Endorsement to Individual Contract. 6/
 
       
  (i)   Form of Qualified Pension Profit Sharing and Annuity Plan Endorsement to Individual Contract. 6/
 
       
  (j)   Form of Employer Plan Endorsement to Individual Contract. 6/
 
       
  (k)   Form of Individual Retirement Annuity Endorsement to Individual Contract. 6/
 
       
  (l)   Form of Texas Optional Retirement Program Endorsement to Individual Contract. 6/
 
       
  (m)   Form of Long-Term Care Waiver Rider to Individual Contract. 6/
 
       

 


 

         
  (n)   Form of SIMPLE IRA Endorsement to Individual Contract. 6/
 
       
  (o)   Form of Roth IRA Endorsement to Qualified Individual Contract. 6/
 
       
  (p)   Form of Governmental Section 457 Plan Endorsement to Qualified Individual Contract. 6/
 
       
  (q)   Form of Unisex Endorsement to Non-Qualified Individual Contract. 6/
 
       
  (r)   Form of Unisex Endorsement to Qualified Individual Contract. 6/
 
       
  (s)   Revised Form of Qualified Individual Flexible Premium Deferred Variable Annuity Contract. 9/
 
       
  (t)   Revised Form of Non-Qualified Individual Flexible Premium Deferred Variable Annuity Contract. 9/
 
       
  (u)   Form of Loan Restriction Endorsement to Individual Contract. (10/)
 
       
(5)
  (a)   Form of Application for Individual Flexible Premium Deferred Annuity Contract – Order Ticket used in lieu thereof .6/
 
       
(6)
  (a)   Articles of Incorporation of Annuity Investors Life Insurance Company®. 2/
 
       
  (b)   Amendment to Articles of Incorporation adopted April 9, 1996 and approved by Secretary of State of Ohio on July 11, 1996. 3/
 
       
  (c)   Amendment to Articles of Incorporation adopted August 9, 1996 and approved by Secretary of State of Ohio on December 3, 1996. 3/
 
       
  (d)   Code of Regulations of Annuity Investors Life Insurance Company®. 5/
 
       
(7)
      Not Applicable.
 
       
(8)
      Other Material Contracts.
 
       
  (a)   Service Agreement between Annuity Investors Life Insurance Company® and American Annuity Group, Inc. (n/k/a Great American Financial Resources®, Inc.) 3/
 
       
  (b)   Agreement Between AAG Securities Inc. (n/k/a Great American Advisors®, Inc. and AAG Insurance Agency, Inc.)3/
 
       
  (c)   Investment Services Agreement between Annuity Investors Life Insurance Company® and American Annuity Group, Inc. (n/k/a Great American Financial Resources®, Inc.) 3/
 
       
  (d)   Participation Agreement dated April 4, 2001, among Annuity Investors Life Insurance Company®, AIM Advisors, Inc., and AIM Variable Insurance Funds. 6/
 
       
  (e)   Amendment effective July 1, 2002, to Participation Agreement dated April 4, 2001, among Annuity Investors Life Insurance Company®, AIM Advisors, Inc., and AIM Variable Insurance Funds. 6/
 
       
  (f)   Administrative Services Agreement dated April 4, 2001, between Annuity Investors Life Insurance Company® and AIM Advisors, Inc. 6/
 
       
  (g)   Agreement with Respect to Trademarks and Fund Names dated April 4, 2001, between Annuity Investors Life Insurance Company®, Great American Advisors®, Inc., AIM

 


 

         
      Management Group, Inc. and AIM Variable Insurance Funds. 6/
 
       
  (h)   Distribution Services Agreement dated July 1, 2002, between Annuity Investors Life Insurance Company® and AIM Distributors. 6/
 
       
  (i)   Letter Agreement dated July 1, 2002, between Annuity Investors Life Insurance Company® and Dreyfus Service Corporation. 6/
 
       
  (j)   Amended and Restated Letter Agreement dated April 24th, 1997 by and among The Dreyfus Corporation and Annuity Investors Life Insurance Company®. 3/
 
       
  (k)   Amendment dated July 1, 2002, to the Amended and Restated Letter Agreement dated April 24th, 1997 by and among The Dreyfus Corporation and Annuity Investors Life Insurance Company®. 6/
 
       
  (l)   Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® And DREYFUS LIFE AND ANNUITY INDEX FUND, INC. (D/B/A DREYFUS STOCK INDEX FUND). 3/
 
       
  (m)   Amendment dated July 1, 2002, to Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® and DREYFUS LIFE AND ANNUITY INDEX FUND, INC. (d/b/a DREYFUS STOCK INDEX FUND). 6/
 
       
  (n)   Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® and THE DREYFUS SOCIALLY RESPONSIBLE GROWTH FUND, INC. 3/
 
       
  (o)   Amendment dated July 1, 2002, to Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® and THE DREYFUS SOCIALLY RESPONSIBLE GROWTH FUND, INC. 6/
 
       
  (p)   Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® and DREYFUS VARIABLE INVESTMENT FUND. 3/
 
       
  (q)   Amendment dated July 1 2002, to Fund Participation Agreement dated November 21, 1995 among ANNUITY INVESTORS LIFE INSURANCE COMPANY® and DREYFUS VARIABLE INVESTMENT FUND. 6/
 
       
  (r)   Participation Agreement dated May 30, 1997, among Annuity Investors Life Insurance Company®, INVESCO Variable Investment Funds, Inc., and INVESCO Funds Group, Inc. 3/
 
       
  (s)   Amendment effective May 1, 2001, to Participation Agreement dated May 30, 1997, among Annuity Investors Life Insurance Company®, INVESCO Variable Investment Funds, Inc., and INVESCO Funds Group, Inc. 6/
 
       
  (t)   Amendment effective July 1, 2002, to Participation Agreement dated May 30, 1997, among Annuity Investors Life Insurance Company®, INVESCO Variable Investment Funds, Inc., and INVESCO Funds Group, Inc. 6/
 
       
  (u)   Letter Agreement effective June 6, 1997, between Annuity Investors Life Insurance Company® and INVESCO Funds Group, Inc. 4/
 
       
  (v)   Amendment dated July 1, 2002, to Letter Agreement effective June 6, 1997, between Annuity Investors Life Insurance Company® and INVESCO Funds Group, Inc. 6/
 
       
  (w)   Fund Participation Agreement (Service Shares) dated March 1, 2001, between Janus

 


 

         
      Aspen Series and Annuity Investors Life Insurance Company®. 6/
 
       
  (x)   Amendment dated July 1, 2002, to Fund Participation Agreement (Service Shares) dated March 1, 2001, between Janus Aspen Series and Annuity Investors Life Insurance Company®. 6/
 
       
  (y)   Distribution and Shareholder Services Agreement (Service Shares) dated May 1, 2001, between Annuity Investors Life Insurance Company® and Janus Distributors, Inc. 6/
 
       
  (z)   Fund Participation Agreement dated July 1, 2002, among NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST, NEUBERGER BERMAN MANAGEMENT INC., and ANNUITY INVESTORS LIFE INSURANCE COMPANY®. 6/
 
       
  (aa)   Letter Agreement dated July 1, 2002, between Neuberger Berman Management Inc. and Annuity Investors Life Insurance Company®. 6/
 
       
  (bb)   Participation Agreement dated July 1, 2002, among Annuity Investors Life Insurance Company®, Oppenheimer Variable Account Funds and Oppenheimer Funds, Inc. 6/
 
       
  (cc)   Letter Agreement dated July 1, 2002, between Annuity Investors Life Insurance Company® and Oppenheimer Funds, Inc. 6/
 
       
  (dd)   Fund Participation Agreement dated May 1, 1997, among the PBHG INSURANCE SERIES FUND, PILGRIM, BAXTER & ASSOCIATES, LTD., and ANNUITY INVESTORS LIFE INSURANCE COMPANY®. 3/
 
       
  (ee)   Amendment Number 1 dated as of May 1, 2001, to Fund Participation Agreement dated May 1, 1997, among the PBHG INSURANCE SERIES FUND, PILGRIM, BAXTER & ASSOCIATES, LTD., and ANNUITY INVESTORS LIFE INSURANCE COMPANY®. 6/
 
       
  (ff)   Amendment Number 2 dated as of July 1, 2001, to Fund Participation Agreement dated May 1, 1997, among the PBHG INSURANCE SERIES FUND, PILGRIM, BAXTER & ASSOCIATES, LTD., and ANNUITY INVESTORS LIFE INSURANCE COMPANY®. 6/
 
       
  (gg)   Letter Agreement dated July 1, 2002, between Pilgrim Baxter & Associates, Ltd., Great American Life Insurance Company of New York and Annuity Investors Life Insurance Company®. 6/
 
       
  (hh)   Letter Agreement dated July 1, 2002, between Pilgrim Baxter & Associates, Ltd., Great American Life Insurance Company of New York and Annuity Investors Life Insurance Company®. 6/
 
       
  (ii)   Services Agreement dated July 1, 2002, between Pacific Investment Management Company LLC and Annuity Investors Life Insurance Company®. 6/
 
       
  (jj)   Services Agreement dated July 1, 2002, between PIMCO Variable Insurance Trust and Annuity Investors Life Insurance Company®. 6/
 
       
  (kk)   Participation Agreement dated July 1, 2002, among Annuity Investors Life Insurance Company®, RYDEX VARIABLE TRUST, and RYDEX DISTRIBUTORS, INC. 6/
 
       
  (ll)   Investor Services Agreement dated July 1, 2002, between Rydex Distributors, Inc. and Annuity Investors Life Insurance Company®. 6/
 
       
  (mm)   Letter of Agreement between Annuity Investors Life Insurance Company® and Wells Fargo Funds Distributor, LLC and in some cases Wells Fargo Funds

 


 

         
      Management, LLC on behalf of the Wells Fargo Fund Family. 11/
 
       
  (nn)   Participation Agreement dated May 1, 1997 among Annuity Investors Life Insurance Company®, Morgan Stanley Universal Funds, Inc. (n/k/a The Universal Institutional Funds, Inc.), Morgan Stanley Asset Management Inc. (n/k/a Morgan Stanley Investment Management Inc.), and Miller Anderson & Sherrerd, LLP (n/k/a Morgan Stanley Investments LP). 3/
 
       
  (oo)   Amendment dated July 1, 2002, to Participation Agreement dated May 1, 1997 among Annuity Investors Life Insurance Company®, Morgan Stanley Universal Funds, Inc. (n/k/a The Universal Institutional Funds, Inc.), Morgan Stanley Asset Management Inc. (n/k/a Morgan Stanley Investment Management Inc.), and Miller Anderson & Sherrerd, LLP (n/k/a Morgan Stanley Investments LP). 6/
 
       
  (pp)   Letter Agreement dated July 1, 2002, among Annuity Investors Life Insurance Company®, Morgan Stanley Investment Management Inc. and Morgan Stanley Investments LP. 6/
 
       
  (qq)   Amendment to Fund Participation Agreement dated December 8, 2003 by and among PBMG Insurance Series Fund, Pilgrim Baxter & Associates, Ltd. and Annuity Inventors Life Insurance Company®. 9/
 
       
  (rr)   Amendment dated October 31, 2001 to Participation Agreement by and between Annuity Investors Life Insurance Company®, INVESCO Funds Group, Inc. and INVESCO Variable Investment Funds, Inc. 9/
 
       
  (ss)   Amendment to Amended and Restate Fund Participation Agreement effective as of January 26, 2004 by and between Annuity Investors Life Insurance Company®, INVESCO Funds Group, Inc. and INVESCO Variable Investment Funds, Inc. 9/
 
       
  (tt)   Amendment to Amended and Restated Fund Participation Agreement effective as of December 29, 2003 between Merrill Lynch Variable Series Funds, Inc. and Annuity Investors Life Insurance Company®. 9/
 
       
  (uu)   Amendment dated April 30, 2004 to Participation Agreement by and among AIM Variable Insurance Funds, AIM Distributors, Inc., Annuity Investors Life Insurance Company®, and Great American Advisors®, and Great American Advisors®, Inc. (10/)
 
       
  (vv)   Amendment dated December 1, 2004 to Participation Agreement by and between Annuity Investors Life Insurance Company®, PIMCO Variable Insurance Trust and PIMCO Fund Distributors LLC. (10/)
 
       
  (ww)   Shareholder Services Agreement dated November 10, 2004 by and between Annuity Investors Life Insurance Company® and American Century Investment Services, Inc. (10/)
 
       
  (xx)   Second Amendment dated December 1, 2004 to Agreement by and between the Dreyfus Corporation and Annuity Investors Life Insurance Company®. (10/)
 
       
  (yy)   Participation Agreement between Annuity Investors Life Insurance Company® and the Oppenheimer Variable Account Funds. 11/
 
       
(9)
      Opinion and Consent of Counsel. 6/
 
       
(10)
      Consent of Independent Registered Public Accounting Firm. 13/
 
       
(11)
      Not Applicable.

 


 

         
(12)
      Not Applicable.
 
       
(13)
      Schedule for Computation of Performance Quotations. 4/
 
       
(14)
      Not Applicable.
 
       
(15)
      Powers of Attorney.12/
     
1/
  Incorporated by reference to Form N-4 filed on behalf of Annuity Investors® Variable Account C, SEC file No. 333-88300, on May 15, 2002
 
   
2/
  Incorporated by reference to Form N-4 filed on behalf of Annuity Investors® Variable Account B, SEC File No. 333-19725, on December 23, 1996.
 
   
3/
  Incorporated by reference to Pre-Effective Amendment No. 1, filed on behalf of Annuity Investors®® Variable Account B, SEC File No. 333-19725, on June 3, 1997.
 
   
4/
  Incorporated by reference to Post Effective Amendment No. 2 filed on behalf of Annuity Investors® Variable Account B, SEC File No. 333-19725, on April 29, 1998.
 
   
5/
  Incorporated by reference to Post Effective Amendment No. 3 filed on behalf of Annuity Investors® Variable Account B, SEC File No. 333-51955, on November 17, 1998.
 
   
6/
  Filed with Pre-Effective Amendment No.1 filed on behalf of Annuity Investors® Variable Account C, SEC File No. 333-88300 on July 25, 2002.
 
   
7/
  Filed with Pre-Effective Amendment No.1 filed on behalf of Annuity Investors® Variable Account C, SEC File No. 333-88300 on February 28, 2003.
 
   
8/
  Incorporated by reference to Post Effective Amendment No. 12 filed on behalf of Annuity Investors® Variable Account B, SEC File No. 333-19725, on April 30, 2003.
 
   
9/
  Incorporated by reference to Post-Effective Amendment No. 2 filed on behalf of Annuity Investors® Variable Account C, SEC File No. 333-88302 on or about February 27, 2004.
 
   
10/
  Filed with Post-Effective Amendment No. 5 filed on behalf of Annuity Investors® Variable Account C, SEC File No. 333-88302 on or about March 1, 2005.
 
   
11/
  Filed with Post-Effective Amendment No. 10 filed on behalf of Annuity Investors® Variable Account A, SEC File No. 033-65409 on or about April 29, 2005.
 
   
12/
  Filed with Post-Effective Amendment No. 5 filed on behalf of Annuity Investors© Variable Account C, SEC File No. 333-88302 on or about April 29, 2005.
 
13/
  Filed herewith.

 


 

Item 25. Directors and Officers of Annuity Investors Life Insurance Company®

             
    Principal   Positions and Offices
Name   Business Address   With the Company
Charles R. Scheper
    (1 )   President, Chief Executive Officer and Director
 
           
Stephen Craig Lindner
    (1 )   Director
 
           
Mark Francis Muething
    (1 )   Executive Vice President, Secretary, General Counsel and Director
 
           
Christopher P. Miliano
    (1 )   Director
 
           
Michael J. Prager
    (1 )   Director
 
           
Adrienne Kessling
    (1 )   Senior Vice President-Operations
 
           
Catherine A. Crume
    (1 )   Senior Vice President
 
           
John P. Gruber
    (1 )   Vice President
 
           
James L. Henderson
    (1 )   Vice President
 
           
John O’Shaughnessy
    (1 )   Vice President & Actuary
 
           
Gary L. Peters
    (1 )   Vice President-Variable Annuity Sales
 
           
Dale Herr
    (1 )   Assistant Vice President & Actuary
 
           
D. Quentin Reynolds
    (1 )   Assistant Vice President
 
           
Rebecca J. Schriml
    (1 )   Assistant Vice President
 
           
Richard Sutton
    (1 )   Assistant Vice President & Chief Actuary
 
           
Richard L. Magoteaux
    (1 )   Treasurer
 
           
William C. Ellis
    (1 )   Assistant Treasurer
 
           
Thomas E. Mischell
    (1 )   Assistant Treasurer


(1)   P.O. Box 5423, Cincinnati, Ohio 45201-5423.

Item 26. Persons Controlled by or Under Common Control with the Depositor and Registrant.

The Depositor, Annuity Investors Life Insurance Company®, is a wholly owned subsidiary of Great American Life Insurance Company, which is a wholly owned subsidiary of Great American Financial Resources®, Inc. The Registrant, Annuity Investors® Variable Account C, is a segregated asset account of Annuity Investors Life Insurance Company®.

The following chart indicates the persons controlled by or under common control with the Company:

 


 

                             
 
              Date of     % of Stock Owned        
  Company     State of Domicile     Incorporation     by Parent     Nature of Business  
 
American Financial Group, Inc.
    Ohio     07/01/1997           Diversified Financial Holding Company  
 
American Financial Capital Trust I
    Delaware     09/14/1996     100     Statutory Business Trust  
 
American Financial Enterprises, Inc.
    Connecticut     01/01/1871     100 (2)     Closed End Investment Company  
 
American Money Management Corporation
    Ohio     03/01/1973     100     Securities Management Company  
 
American Security Transfer Company Limited Partnership
    Ohio     01/01/1991     9334 (2)     Limited Partnership  
 
APU Holding Company
    Ohio     10/15/2003     100     Holding Company  
 
American Premier Underwriters, Inc.
    Pennsylvania     04/13/1846     100     Diversified Company  
 
The Ann Arbor Railroad Company
    Michigan     09/21/1895     99     Inactive  
 
The Associates of the Jersey Company
    New Jersey     11/10/1804     100     Inactive  
 
Cal Coal, Inc.
    Illinois     05/30/1979     100     Inactive  
 
Delbay Corporation
    Delaware     12/27/1962     100     Inactive  
 
Great Southwest Corporation
    Delaware     10/25/1978     100     Real Estate Developer  
 
World Houston, Inc.
    Delaware     05/30/1974     100     Real Estate Developer  
 
The Indianapolis Union Railway Company
    Indiana     11/19/1872     100     Inactive  
 
Lehigh Valley Railroad Company
    Pennsylvania     04/21/1846     100     Inactive  
 
Magnolia Alabama Holdings, Inc.
    Delaware     05/18/2004     100     Holding Company  
 
Magnolia Alabama Holdings LLC
    Alabama     05/24/2004     100     Real Estate  
 
The Owasco River Railway, Inc.
    New York     06/02/1881     100     Inactive  
 
PCC Real Estate, Inc.
    New York     12/15/1986     100     Holding Company  
 
PCC Chicago Realty Corp
    New York     12/23/1986     100     Real Estate Developer  
 
PCC Gun Hill Realty Corp
    New York     12/18/1985     100     Real Estate Developer  
 
PCC Michigan Realty, Inc.
    Michigan     11/09/1987     100     Real Estate Developer  
 
PCC Scarsdale Realty Corp
    New York     06/01/1986     100     Real Estate Developer  
 
Scarsdale Depot Associates, LP
    Delaware     05/05/1989     80     Real Estate Developer  
 
PCC Technical Industries, Inc.
    California     03/07/1955     100     Holding Company  
 
ESC, Inc.
    California     11/02/1962     100     Inactive  
 
Marathon Manufacturing Companies, Inc.
    Delaware     11/18/1983     100     Holding Company  
 
Marathon Manufacturing Company
    Delaware     12/07/1979     100     Inactive  
 
PCC Maryland Realty Corp
    Maryland     08/18/1993     100     Real Estate Holding Company  
 
Penn Camarillo Realty Corp
    California     11/24/1992     100     Real Estate Holding Company  
 
Penn Central Energy Management Company
    Delaware     05/11/1987     100     Inactive  
 
Penn Towers, Inc.
    Pennsylvania     08/01/1958     100     Inactive  
 
Pennsylvania-Reading Seashore Lines
    New Jersey     06/14/1901     6667     Inactive  
 
Pittsburgh and Cross Creek Railroad Company
    Pennsylvania     08/14/1970     83     Inactive  
 
Terminal Realty Penn Co
    District of Columbia     09/23/1968     100     Inactive  
 
United Railroad Corp
    Delaware     11/25/1981     100     Inactive  
 
Detroit Manufacturers Railroad Company
    Michigan     01/30/1902     82     Inactive  
 
Waynesburg Southern Railroad Company
    Pennsylvania     09/01/1966     100     Inactive  
 
GAI (Bermuda) Ltd
    Bermuda     04/06/1998     100     Holding Company  
 
GAI Insurance Company, Ltd
    Bermuda     09/18/1989     100     Reinsurance  
 
Hangar Acquisition Corp
    Ohio     10/06/1995     100     Aircraft Investment  
 
The New York and Harlem Railroad Company
    New York     04/25/1831     97     Inactive  
 
PLLS, Ltd
    Washington     05/14/1990     100     Insurance Agency  
 
Premier Lease & Loan Services Insurance Agency, Inc.
    Washington     12/27/1983     100     Insurance Agency  
 
Premier Lease & Loan Insurance Services BV
    The Netherlands     08/24/1999     100     Insurance Agency  
 
Premier Lease & Loan Services of Canada, Inc.
    Washington     02/28/1991     100     Insurance Agency  
 
Republic Indemnity Company of America
    California     12/05/1972     100     Workers’ Compensation Insurance  
 

 


 

                             
 
 
Republic Indemnity Company of California
    California     10/13/1982     100     Workers’ Compensation Insurance  
 
Republic Indemnity Medical Management, Inc.
    California     03/25/1996     100     Inactive  
 
Risico Management Corporation
    Delaware     01/10/1989     100     Risk Management  
 
Dixie Terminal Corporation
    Ohio     04/23/1970     100     Real Estate Holding Company  
 
Fairmont Holdings, Inc.
    Ohio     12/15/1983     100     Holding Company  
 
Flextech Holding Co, Inc.
    Ohio     08/31/2000     100     Packing Manufacturer  
 
FWC Corporation
    Ohio     03/16/1983     100     Financial Services Company  
 
Great American Holding, Inc.
    Ohio     07/25/2002     100     Holding Company  
 
American Empire Surplus Lines Insurance Company
    Delaware     07/15/1977     100     Excess and Surplus Lines Insurance  
 
American Empire Insurance Company
    Ohio     11/26/1979     100     Property/Casualty Insurance  
 
American Empire Underwriters, Inc.
    Texas     05/19/1976     100     Insurance Agency  
 
Great American International Insurance Limited
    Ireland     01/05/2004     100     Insurance Company  
 
Mid-Continent Casualty Company
    Oklahoma     02/26/1947     100     Property/Casualty Insurance  
 
Mid-Continent Insurance Company
    Oklahoma     08/13/1992     100     Property/Casualty Insurance  
 
Oklahoma Surety Company
    Oklahoma     08/05/1968     100     Special Coverage Insurance Company  
 
Great American Insurance Company
    Ohio     03/07/1872     100     Property/Casualty Insurance  
 
AFC Coal Properties, Inc.
    Ohio     12/18/1996     100     Coal Mining Company  
 
American Signature Underwriters, Inc.
    Ohio     04/08/1996     100     Insurance Agency  
 
American Special Risk, Inc.
    Illinois     12/29/1981     100     Insurance Broker/Managing General Agency  
 
Aviation Specialty Managers, Inc.
    Texas     09/07/1965     100     Managing General Agency  
 
Brothers Property Corporation
    Ohio     09/08/1987     80     Real Estate Manager  
 
Brothers Pennsylvanian Corporation
    Pennsylvania     12/23/1994     100     Real Estate Manager  
 
Brothers Port Richey Corporation
    Florida     12/06/1993     100     Real Estate Manager  
 
Brothers Property Management Corporation
    Ohio     09/25/1987     100     Real Estate Management  
 
Brothers Railyard Corporation
    Texas     12/14/1993     100     Real Estate Manager  
 
Crop Managers Insurance Agency, Inc.
    Kansas     08/09/1989     100     Insurance Agency  
 
Dempsey & Siders Agency, Inc.
    Ohio     05/09/1956     100     Insurance Agency  
 
El Aguila, Compañia de Seguros, SA de CV
    Mexico     11/24/1994     100     Property/Casualty Insurance  
 
Financiadora de Primas Condor, SA de CV
    Mexico     03/16/1998     99     Premium Finance  
 
FCIA Management Company, Inc.
    New York     09/17/1991     100     Servicing Agent  
 
GAI Warranty Company
    Ohio     01/25/2001     100     Service Warranty Provider  
 
GAI Warranty Company of Florida
    Florida     03/23/2001     100     Service Warranty Provider  
 
GAI Warranty Company of Canada Inc.
    Ontario (Toronto, CN)     04/17/2002     100     Service Contract Provider  
 
The Gains Group, Inc.
    Ohio     01/26/1982     100     Marketing of Advertising  
 
Global Premier Finance Company
    Ohio     08/25/1998     100     Premium Finance  
 
Great American Agency of Texas, Inc.
    Texas     01/25/1994     100     Managing General Agency  
 
Great American Alliance Insurance Company
    Ohio     09/11/1945     100     Property/Casualty Insurance  
 
Great American Assurance Company
    Ohio     03/23/1905     100     Property/Casualty Insurance  
 
Great American Claims Services, Inc.
    Delaware     06/10/1986     100     Management Holding Company  
 
Great American Contemporary Insurance Company
    Ohio     04/16/1996     100     Property/Casualty Insurance  
 
Great American Custom Insurance Services Illinois, Inc.
    Illinois     07/08/1992     100     Underwriting Office  
 
Great American Custom Insurance Services, Inc.
    Ohio     07/27/1983     100     Holding Company for E&S Agency/Brokerage  
 
Eden Park Insurance Brokers, Inc.
    California     02/13/1990     100     Wholesale Agency/Brokerage for E&S Lines  
 
Great American Custom Insurance Services California, Inc.
    California     05/18/1992     100     Insurance Services  
 
Great American Custom Insurance Services Massachusetts, Inc.
    Massachusetts     04/11/1994     100     Excess and Surplus Lines Broker  
 
Great American Custom Solutions, Inc.
    California     07/22/1988     100     Insurance Agency  
 
Professional Risk Brokers of Connecticut, Inc.
    Connecticut     07/09/1992     100     Wholesale Agency/Brokerage for E&S Lines  
 

 


 

                             
 
 
Professional Risk Brokers of Ohio, Inc.
    Ohio     12/17/1986     100     Insurance Agency  
 
Professional Risk Brokers, Inc.
    Illinois     03/01/1990     100     Wholesale Agency/Brokerage for E&S Lines  
 
Great American E & S Insurance Company
    Delaware     02/28/1979     100     Excess and Surplus Lines Insurance  
 
Great American Fidelity Insurance Company
    Delaware     01/12/1982     100     Excess and Surplus Lines Insurance  
 
Great American Financial Resources, Inc.
    Delaware     11/23/1992     8188 (2)     Insurance Holding Company  
 
AAG Holding Company, Inc.
    Ohio     09/11/1996     100     Holding Company  
 
American Annuity Group Capital Trust I
    Delaware     09/13/1996     100     Financing Entity  
 
American Annuity Group Capital Trust II
    Delaware     03/04/1997     100     Financing Entity  
 
American Annuity Group Capital Trust III
    Delaware     05/14/1997     100     Financing Entity  
 
Great American Financial Statutory Trust IV
    Connecticut     04/21/2003     100     Financing Entity  
 
Great American Life Insurance Company
    Ohio     12/15/1959     100     Life Insurance Company  
 
American Retirement Life Insurance Company
    Ohio     05/12/1978     100     Life Insurance Company  
 
Annuity Investors Life Insurance Company
    Ohio     11/13/1981     100     Life Insurance Company  
 
Brothers Management, LLC
    Florida     06/11/2004     99     Restaurants & Ships Store  
 
Charleston Harbor Marina, Inc.
    South Carolina     04/26/2002     100 (2)     Marina Facility  
 
CHATBAR, Inc.
    Massachusetts     11/02/1993     100     Hotel Operator  
 
Chatham Enterprises, Inc.
    Massachusetts     03/29/1954     100     Real Estate Holding Company  
 
Consolidated Financial Corporation
    Michigan     09/10/1985     100     Retirement & Financial Planning Company  
 
Driskill Holdings, Inc.
    Texas     06/07/1995     beneficial interest     Real Estate Manager  
 
GALIC Brothers, Inc.
    Ohio     11/12/1993     80     Real Estate Management  
 
Great American Life Assurance Company
    Ohio     08/10/1967     100     Life Insurance Company  
 
Great American Life Insurance Company of New York
    New York     12/31/1963     100     Life Insurance Company  
 
Loyal American Life Insurance Company
    Ohio     05/18/1955     100     Life Insurance Company  
 
ADL Financial Services, Inc.
    North Carolina     09/10/1970     100     Inactive  
 
Purity Financial Corporation
    Florida     12/12/1991     100     Credit Union Marketing  
 
Manhattan National Life Insurance Company
    Illinois     12/20/1956     100     Life Insurance Company  
 
Skipjack Marina Corp
    Maryland     06/24/1999     100     Marina Operator  
 
United Teacher Associates, Ltd
    Texas     12/17/1998     100 (2)     Holding Company - Limited Partnership  
 
United Teacher Associates Insurance Company
    Texas     12/15/1958     100     Life Insurance Company  
 
United Agency Brokerage GP Inc.
    Texas     05/19/2003     100     Intermediate Holding Company  
 
United Agency Brokerage, LP
    Texas     05/19/2003     100     Insurance Agency  
 
AAG Insurance Agency of Alabama
    Alabama     09/22/1995     100     Insurance Agency  
 
AAG Insurance Agency of Texas, Inc.
    Texas     06/02/1995     100     Insurance Agency  
 
AAG Insurance Agency, Inc.
    Kentucky     12/06/1994     100     Insurance Agency  
 
AAG Insurance Agency of Massachusetts, Inc.
    Massachusetts     05/25/1995     100     Insurance Agency  
 
American DataSolutions International, Inc.
    Ohio     08/24/2001     100     Data Processing and Holding Company  
 
American Data Source India Private Limited
    India     09/03/1997     99     Software Development  
 
GALIC Disbursing Company
    Ohio     05/31/1994     100     Payroll Servicer  
 
Great American Advisors, Inc.
    Ohio     12/10/1993     100     Broker-Dealer  
 
Great American Life Assurance Company of Puerto Rico
    Puerto Rico     07/01/1964     99     Insurance Company  
 
Keyes-Graham Insurance Agency, Inc.
    Massachusetts     08/07/1981     100     Insurance Agency  
 
Lifestyle Financial Investments, Inc.
    Ohio     12/29/1993     100     Marketing Services  
 
Lifestyle Financial Investments Agency of Ohio, Inc.
    Ohio     03/07/1994     beneficial interest     Insurance Agency  
 
Money-Plan International, Inc.
    Florida     12/31/1979     100     Insurance Agency  
 
SPELCO (UK) Ltd
    United Kingdom           99     Inactive  
 
SWTC Hong Kong Ltd
    Hong Kong           100     Inactive  
 
SWTC, Inc.
    Delaware           100     Inactive  
 
Great American Insurance Agency, Inc.
    Ohio     04/20/1999     100     Insurance Agency  
 
Great American Insurance Company of New York
    New York     08/22/1947     100     Property/Casualty Insurance  
 

 


 


 

Item 27. Number of Contract Owners

As of March 31, 2005, there were 340 Individual Contract Owners, of which 188 were qualified and 152 were non-qualified.

Item 28. Indemnification

(a) The Code of Regulations of Annuity Investors Life Insurance Company® provides in Article V as follows:

The Corporation shall, to the full extent permitted by the General Corporation Law of Ohio, indemnify any person who is or was a director or officer of the Corporation and whom it may indemnify pursuant thereto. The Corporation may, within the sole discretion of the Board of Directors, indemnify in whole or in part any other persons whom it may indemnify pursuant thereto.

Insofar as indemnification for liability arising under the Securities Act of 1933 (“1933 Act”) may be permitted to directors, officers and controlling persons of the Depositor pursuant to the foregoing provisions, or otherwise, the Depositor has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the 1933 Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Depositor of expenses incurred or paid by the director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Depositor will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the 1933 Act and will be governed by the final adjudication of such issue.

(b) The directors and officers of Annuity Investors Life Insurance Company® are covered under a Directors and Officers Reimbursement Policy. Under the Reimbursement Policy, directors and officers are indemnified for loss arising from any covered claim by reason of any Wrongful Act in their capacities as directors or officers, except to the extent the Company has indemnified them. In general, the term “loss” means any amount which the directors or officers are legally obligated to pay for a claim for Wrongful Acts. In general, the term “Wrongful Acts” means any breach of duty, neglect, error, misstatement, misleading statement, omission or act by a director or officer while acting individually or collectively in their capacity as such claimed against them solely by reason of their being directors and officers. The limit of liability under the program is $20,000,000 for the policy year ending September 1, 2005. The primary policy under the program is with National Union Fire Insurance Company of Pittsburgh, PA, in the name of American Premier Underwriters, Inc.

 


 

Item 29. Principal Underwriter

Great American Advisors ® , Inc. is the underwriter and distributor of the Contracts as defined in the Investment Company Act of 1940 (“1940 Act”). It is also the underwriter and distributor of Annuity Investors® Variable Account C.

(a) Great American Advisors ®, Inc. does not act as a principal underwriter, depositor, sponsor or investment adviser for any investment company other than Annuity Investors® Variable Account A, Annuity Investors® Variable Account B, and Annuity Investors® Variable Account C.

(b) Directors and Officers of Great American Advisors®, Inc.:

     
Name and Principal   Position with
Business Address   Great American Advisors®, Inc.
James Lee Henderson (1)
  President and Chief Compliance Officer
 
   
James T. McVey (1)
  Chief Operating Officer and Senior Vice President
 
   
Mark Francis Muething (1)
  Vice President, Secretary and Director
 
   
Peter J. Nerone (1)
  Vice President
 
   
Paul Ohlin (1)
  Treasurer
 
   
Fred J. Runk (1)
  Assistant Treasurer


(1)   525 Vine Street, 7th Floor, Cincinnati, Ohio 45202.

     (c) Required commission information is included in Part B of this Registrations Statement.

 


 

Item 30. Location of Accounts and Records

All accounts and records required to be maintained by Section 31(a) of the 1940 Act and the rules under it are maintained by Richard Magoteaux, Treasurer of the Company, at the Administrative Office.

Item 31. Management Services

Not Applicable.

Item 32. Undertakings

(a) Registrant undertakes that it will file a post-effective amendment to this registration statement as frequently as necessary to ensure that the audited financial statements in the registration statement are never more than 16 months old for so long as payments under the Contracts may be accepted.

(b) Registrant undertakes that it will include either (1) as part of any application to purchase a Contract offered by the Prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a post card or similar written communication affixed to or included in the Prospectus that the applicant can remove to send for a Statement of Additional Information.

(c) Registrant undertakes to deliver any Prospectus and Statement of Additional Information and any financial statements required to be made available under this Form promptly upon written or oral request to the Company at the address or phone number listed in the Prospectus.

(d) The Company represents that the fees and charges deducted under the Contract, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred and the risks assumed by the Company.

 


 

SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it has caused this Post-Effective Amendment No. 6 to its Registration Statement to be signed on its behalf by the undersigned in the City of Cincinnati, State of Ohio on the 2nd of May, 2005.

ANNUITY INVESTORS® VARIABLE ACCOUNT C

(Registrant)

By: /s/ Charles R. Scheper
Charles R. Scheper*
President,
Chief Executive Officer and Director
Annuity Investors Life Insurance Company®

ANNUITY INVESTORS LIFE INSURANCE COMPANY®

(Depositor)

By: /s/ Charles R. Scheper
Charles R. Scheper*
President,
Chief Executive Officer and Director

As required by the Securities Act of 1933, as amended, this Post-Effective Amendment No. 6 to the Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

         
/s/ Charles R. Scheper
  Chief Executive Officer and Director   May 2, 2005
Charles R. Scheper*
       
 
       
/s/ Richard L. Magoteaux
  Treasurer   May 2, 2005
Richard L. Magoteaux*
       
 
       
/s/ Stephen Craig Linder
  Director   May 2, 2005
Stephen Craig Lindner*
       
 
       
/s/ Mark Francis Mueuthing
  Director   May 2, 2005
Mark Francis Muething*
       
 
       
/s/ Christoper P. Miliano
  Director   May 2, 2005
Christopher P. Miliano*
       
 
       
/s/ Michael J. Prager
  Director   May 2, 2005
Michael J. Prager*
       
 
       
/s/ John P. Gruber
      May 2, 2005
*John P. Gruber as Attorney-in-Fact
       

 


 

EXHIBIT INDEX

     
Exhibit No.   Description of Exhibit
1.
  Consent of Independent Registered Public Accounting Firm.