Major Rating Factors:
Low quality investment portfolio (2.1 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Weak overall results on stability tests (1.5) including weak risk adjusted capital in prior years. Fair capitalization (4.4) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Fair profitability (4.1). Fair Liquidity (4.4).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
Ind annuities (28.2%), ind health (23.3%), group life (3.0%), other (45.4%)
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