C
BALTIMORE LIFE INS CO
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (4.6 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Fair overall results on stability tests (3.6) including negative cash flow from operations for 2022. Good capitalization (6.1) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors: Weak profitability (2.1) with operating losses during 2022. Weak Liquidity (1.6).
Stability Factors: F - Negative cash flow. I - Past results on our Investment Safety Index. L - Past results on our liquidity tests.
Principal Lines of Business: Ind annuities (16.5%), ind health (0.3%), group life (0.2%), group health (0.1%), other (83.0%)
Licensed in: All states except NY, 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
10075 Red Run Boulevard
Owings Mills, MD 21117
Phone Number
(410) 581-6600
NAIC Number
61212
Largest Affiliates
No affiliate information available.