FIDELITY LIFE ASSN A LEGAL RESERVE
Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10). Good quality investment portfolio (6.3) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.8) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (2.3). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
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:
Other (100%)
Licensed in:
All states except NY, WY, 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
8700 W Bryn Mawr Ave Suite 900
Des Plaines, IL 60018
Des Plaines, IL 60018
Phone Number
(312) 379-2397
NAIC Number
63290
Website
Largest Affiliates
No affiliate information available.