A
COUNTRY 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
Loading...
Major Rating Factors: Good quality investment portfolio (5.8 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (6.5) good operational trends and excellent risk diversification.
Other Rating Factors: Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.1) with operating gains in each of the last five years.
Stability Factors: I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (14.1%), group health (9.7%), ind annuities (9.3%), group life (0.4%), group annuities (0.1%), other (66.3%)
Licensed in: All states except CA, DC, HI, NH, 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
COUNTRY Financial
Investment Rating
--
Company Address
1701 N TOWANDA AVENUE
BLOOMINGTON, IL 61701
Phone Number
(309) 821-3000
NAIC Number
62553
Largest Affiliates
B
BLOOMINGTON, IL - P&C
A
BLOOMINGTON, IL - L&A
B
ALPHARETTA, GA - L&A
B
BLOOMINGTON, IL - P&C
B
BLOOMINGTON, IL - P&C
Weiss Ratings