Major Rating Factors:
Fair Liquidity (4.7 on a scale of 0 to 10) due, in part, to cash value policies that are subject to withdrawals with minimal or no penalty. Fair overall results on stability tests (3.9) including negative cash flow from operations for 2024. Good quality investment portfolio (5.9) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings.
Other Rating Factors:
Good overall profitability (6.1). Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (52.5%), other (47.5%)
Licensed in:
All states except AL, AK, DC, DE, GA, HI, ID, KY, MS, NV, NJ, NY, NC, SC, UT, VA, WY, PR
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
--
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1100 W Wells St
Milwaukee, WI 53233
Milwaukee, WI 53233
Phone Number
(414) 273-6266
NAIC Number
56030
Largest Affiliates
No affiliate information available.