Major Rating Factors:
Poor capitalization (1.9 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario). Low quality investment portfolio (2.3) containing large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Weak overall results on stability tests (1.9) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2024.
Other Rating Factors:
Good overall profitability (5.9). Excellent Liquidity (7.0).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (145.5%), group life (23.0%)
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
Resolution Life Holdings Inc
Investment Rating
--
Company Address
1221 N STREET SUITE 200
LINCOLN, NE 68508
LINCOLN, NE 68508
Phone Number
(888) 674-3667
NAIC Number
65595
Website
Largest Affiliates
No affiliate information available.