Major Rating Factors:
Poor capitalization (2.2 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario). Low quality investment portfolio (2.6) containing substantial holdings of BBB bonds in addition to junk bond exposure equal to 95% of capital. Exposure to mortgages is large, but the mortgage default rate has been low. Weak overall results on stability tests (1.5) including weak risk adjusted capital in prior years.
Other Rating Factors:
Fair profitability (4.2). Good Liquidity (5.8).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (63.6%), other (36.4%)
Licensed in:
AL, GA, IL, IN, KS, KY, LA, MS, MT, NE, NM, ND, OH, OK, SD, TN, TX, UT, WV
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
First Trinity Financial Corp
Investment Rating
--
Company Address
7633 E 63RD PL STE 230
TULSA, OK 74133
TULSA, OK 74133
Phone Number
(918) 249-2438
NAIC Number
60227
Largest Affiliates
