HEARTLAND NATIONAL LIFE INS CO
Major Rating Factors:
Fair profitability (3.1 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been low, averaging 1.4%. Weak overall results on stability tests (2.9) including negative cash flow from operations for 2022. Good quality investment portfolio (5.1) with no exposure to mortgages and no exposure to junk bonds.
Other Rating Factors:
Good Liquidity (6.9). Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CA, CT, ID, ME, MA, MI, MN, NH, NJ, NY, RI, VT, WA, WI, 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
401 PENNSYLVANIA PKWY STE 300
INDIANAPOLIS, IN 46280
INDIANAPOLIS, IN 46280
Phone Number
(816) 621-3300
NAIC Number
66214
Largest Affiliates
No affiliate information available.