A
CHESAPEAKE LIFE INS CO
North Richland Hills, TX
Data as of
September 30, 2020
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
3.42
Risk Adjusted
Capital Ratio #2
2.72
Total
Assets
258.29M
Capital
156.75M
Net
Premiums
185.39M
Net
Income
25.73M
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Major Rating Factors: Good overall results on stability tests (6.4 on a scale of 0 to 10) despite fair financial strength of affiliated Blackstone Investor Group. Strengths that enhance stability include excellent risk diversification. Strong capitalization (9.6) based on excellent risk adjusted capital (severe loss scenario). Furthermore, this high level of risk adjusted capital has been consistently maintained over the last five years. High quality investment portfolio (8.8).
Other Rating Factors: Excellent profitability (8.7) despite modest operating losses during 2015. Excellent liquidity (7.9).
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 (97.9%), other (2.1%)
Licensed in: All states except NJ, NY, VT, PR
Investments
Invested Assets
222.9M
Cash
1.14%
CMO & Structured Securities
2.86%
Other Investment Grade Bonds
36.10%
Non-Investment Grade Bonds
0.00%
Common & Preferred Stock
0.00%
Mortgages in Good Standing
0.00%
Non-Performing Mortgages
0.00%
Real Estate
0.00%
Other Investments
0.70%
Investments in Affiliates
0.00%
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
Oakland, CA - Health
B
INDIANAPOLIS, IN - L&A
C
INDIANAPOLIS, IN - L&A
B
MILWAUKEE, WI - L&A
Weiss Ratings