ASSURED LIFE ASSN
Major Rating Factors:
Low quality investment portfolio (2.9 on a scale of 0 to 10) containing large exposure to mortgages . Mortgage default rate has been low. Weak overall results on stability tests (2.5) including negative cash flow from operations for 2024. Fair profitability (4.1).
Other Rating Factors:
Good Liquidity (6.7). Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (77.8%), ind annuities (8.8%), other (13.3%)
Licensed in:
All states except AK, CT, DC, ME, MA, MN, NH, NY, VT, 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
6030 Greenwood Plaza Blvd #100
CENTENNIAL, CO 80111
CENTENNIAL, CO 80111
Phone Number
(303) 792-9777
NAIC Number
56499
Website
Largest Affiliates
No affiliate information available.