Major Rating Factors:
Low quality investment portfolio (2.3 on a scale of 0 to 10) containing significant exposure to mortgages . Mortgage default rate has been low. Weak profitability (1.9) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (0.3) including excessive premium growth and weak risk adjusted capital in prior years.
Other Rating Factors:
Fair capitalization (3.2) based on fair risk adjusted capital (moderate loss scenario). Fair Liquidity (3.6).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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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
US Alliance Corp
Investment Rating
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Company Address
4123 SW Gage Center Dr Ste 240
BISMARCK, ND 58501
BISMARCK, ND 58501
Phone Number
(785) 228-0200
NAIC Number
14165
Website
Largest Affiliates