Major Rating Factors:
Good Liquidity (5.2 on a scale of 0 to 10) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.5). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification. Fair quality investment portfolio (4.8).
Other Rating Factors:
Fair profitability (4.7) with operating losses during 2022. Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind annuities (45.5%), group annuities (2.8%), other (51.7%)
Licensed in:
All states except NY, 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
National Life Group
Investment Rating
--
Company Address
15455 Dallas Parkway
Addison, TX 75001
Addison, TX 75001
Phone Number
(214) 638-7100
NAIC Number
65528
Website
Largest Affiliates