AMALGAMATED LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (4.6 on a scale of 0 to 10). Good Liquidity (5.6) with sufficient resources to handle a spike in claims. Weak profitability (2.6) with operating losses during 2022. Return on equity has been low, averaging 1.2%.
Other Rating Factors:
Strong capitalization (9.2) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.9).
Stability Factors:
Principal Lines of Business:
Group life (61.0%), group health (29.4%), ind health (8.2%), other (1.4%)
Licensed in:
All states except PR