A
CHESAPEAKE LIFE INS CO
Rating Date
December 2023
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: Good overall results on stability tests (6.5 on a scale of 0 to 10). Strengths that enhance stability include good operational trends and excellent risk diversification. Good overall profitability (5.8). Excellent expense controls. Return on equity has been excellent over the last five years averaging 22.0%. Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors: High quality investment portfolio (8.1). Excellent Liquidity (7.5).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (96.0%), other (4.0%)
Licensed in: All states except NJ, NY, VT, 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
Blackstone Investor Group
Investment Rating
UNH
Company Address
1833 SOUTH MORGAN ROAD
OKLAHOMA CITY, OK 73128
Phone Number
(817) 255-3100
NAIC Number
61832
Largest Affiliates
C
HARTFORD, CT - L&A
B
MILWAUKEE, WI - L&A
C
Columbus, OH - L&A
B
B
NORTH RICHLAND HILLS, TX - L&A
Weiss Ratings