ATLANTIC COAST LIFE INS CO
Major Rating Factors:
Poor current capitalization (2.4 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario), although results have slipped from the good range over the last year. Weak profitability (2.6) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (0.1) including weak risk adjusted capital in prior years and excessive premium growth.
Other Rating Factors:
Fair quality investment portfolio (3.8). Excellent Liquidity (9.1).
Stability Factors:
G - Fast asset or premium growth.
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 (62.9%), ind health (20.0%), group life (8.2%), group annuities (0.3%), other (8.6%)
Licensed in:
All states except CA, CT, DC, ID, ME, MI, MN, NH, NJ, NY, WI, 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
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Investments in Affiliates
Corporate Info
Group Affiliation
Advantage Capital Partners LLC
Investment Rating
--
Company Address
1565 SAM RITTENBERG BOULEVARD
CHARLESTON, SC 29407
CHARLESTON, SC 29407
Phone Number
(844) 442-3847
NAIC Number
61115
Website
Largest Affiliates
No affiliate information available.