FIDELITY LIFE ASSN A LEGAL RESERVE
Major Rating Factors:
Weak profitability (1.1 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging -49.2%. Weak overall results on stability tests (2.8) including negative cash flow from operations for 2024. Good quality investment portfolio (6.8) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings.
Other Rating Factors:
Good Liquidity (6.5). Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group life (38.3%), ind health (3.6%), ind annuities (0.3%), other (57.9%)
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.