BENEFICIAL LIFE INS CO
Major Rating Factors:
Good overall profitability (5.6 on a scale of 0 to 10) although investment income, in comparison to reserve requirements, is below regulatory standards. Good Liquidity (5.7) with sufficient resources to cover a large increase in policy surrenders. Fair overall results on stability tests (3.6) including weak results on operational trends and negative cash flow from operations for 2024.
Other Rating Factors:
Strong capitalization (8.9) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.1).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (7.9%), group life (0.6%), other (91.5%)
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
55 North 300 West Suite 375
Salt Lake City, UT 84101
Salt Lake City, UT 84101
Phone Number
(801) 933-1100
NAIC Number
61395
Largest Affiliates
No affiliate information available.