Major Rating Factors:
Good quality investment portfolio (6.3 on a scale of 0 to 10) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (5.2). Despite its volitility, return on equity has been excellent over the last five years averaging 29.1%. Good overall results on stability tests (5.5) good operational trends and excellent risk diversification.
Other Rating Factors:
Fair liquidity (4.0). Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind annuities (62.7%), group annuities (21.7%), ind health (0.2%), group life (0.1%), other (15.3%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
AXA Financial Inc
Investment Rating
Company Address
1290 Avenue of the Americas
New York, NY 10104
New York, NY 10104
Phone Number
(212) 554-1234
NAIC Number
62944
Website
Largest Affiliates
