FEDERAL LIFE INS CO
Major Rating Factors:
Weak overall results on stability tests (2.6 on a scale of 0 to 10). Fair current capitalization (3.5) based on mixed results -- excessive policy leverage mitigated by fair risk adjusted capital (moderate loss scenario), although results have slipped from the good range over the last year. Fair quality investment portfolio (4.8) with large holdings of BBB rated bonds in addition to moderate junk bond exposure.
Other Rating Factors:
Fair profitability (3.3) with investment income below regulatory standards in relation to interest assumptions of reserves. Good Liquidity (5.1).
Stability Factors:
G - Fast asset or premium growth.
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 (78.3%), ind annuities (20.7%), other (1.0%)
Licensed in:
All states except ME, MA, 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
None
Investment Rating
--
Company Address
3750 W Deerfield Road
Lincolnshire, IL 60069
Lincolnshire, IL 60069
Phone Number
(847) 520-1900
NAIC Number
63223
Website
Largest Affiliates
No affiliate information available.