Major Rating Factors:
Weak profitability (1.8 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak Liquidity (2.3) based on large exposure to policies that are subject to policyholder withdrawals with minimal or no penalty. Weak overall results on stability tests (2.3) including weak results on operational trends.
Other Rating Factors:
Strong capitalization (6.7) based on excellent risk adjusted capital (severe loss scenario). Good quality investment portfolio (6.2).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(800) 736-7311
NAIC Number
14406
Website
Largest Affiliates