ALABAMA LIFE REINS CO INC
Major Rating Factors:
Weak profitability (2.3 on a scale of 0 to 10). Return on equity has been low, averaging -3.2%. Weak overall results on stability tests (1.5) including weak risk diversification due to a relatively small asset base and negative cash flow from operations for 2022. Good quality investment portfolio (6.0) with no exposure to mortgages and no exposure to junk bonds.
Other Rating Factors:
Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.4).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1550 MCFARLAND BLVD
TUSCALOOSA, AL 35406
TUSCALOOSA, AL 35406
Phone Number
(205) 247-3417
NAIC Number
13034
Website
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Largest Affiliates
No affiliate information available.