Major Rating Factors:
Good quality investment portfolio (6.3 on a scale of 0 to 10) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Excellent overall results on stability tests (7.4) excellent operational trends and excellent risk diversification.
Other Rating Factors:
Strong capitalization (9.3) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.8) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (15.0%), ind health (12.8%), group life (1.0%), other (71.2%)
Licensed in:
All states except AK, DC, HI, PR