A
AMERICAN FAMILY LIFE INS CO
Madison, WI
Data as of
September 30, 2020
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
3.75
Risk Adjusted
Capital Ratio #2
2.00
Total
Assets
5.56B
Capital
718.26M
Net
Premiums
293.11M
Net
Income
54.26M
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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
Investments
Invested Assets
5.0B
Cash
0.04%
CMO & Structured Securities
20.48%
Other Investment Grade Bonds
52.75%
Non-Investment Grade Bonds
0.81%
Common & Preferred Stock
1.48%
Mortgages in Good Standing
16.39%
Non-Performing Mortgages
0.00%
Real Estate
0.00%
Other Investments
4.20%
Investments in Affiliates
0.00%
Corporate Info
Group Affiliation
American Family Ins Group
Investment Rating
--
Company Address
6000 AMERICAN PARKWAY
MADISON, WI 53783
Phone Number
(608) 249-2111
NAIC Number
60399
Largest Affiliates
B
C
JACKSONVILLE, FL - P&C
C
B
MADISON, WI - P&C
Weiss Ratings