AMERICAN FAMILY LIFE INS CO
Major Rating Factors: Good overall results on stability tests (6.8 on a scale of 0 to 10). Strengths that enhance stability include good operational trends and excellent risk diversification. Good quality investment portfolio (5.9) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to minimal holdings in junk bonds. Good overall profitability (5.7) although investment income, in comparison to reserve requirements, is below regulatory standards.
Other Rating Factors: Good liquidity (5.9). Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. I - Past results on our Investment Safety Index. L - Past results on our liquidity tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (2.5%), group life (1.4%), ind health (1.3%), other (94.8%)
Licensed in: All states except NY, PR