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:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except 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
333 WESTCHESTER AVENUE
WHITE PLAINS, NY 10604
WHITE PLAINS, NY 10604
Phone Number
(914) 367-5939
NAIC Number
60216
Largest Affiliates
No affiliate information available.