Major Rating Factors:
Good overall results on stability tests (5.8 on a scale of 0 to 10). Stability strengths include excellent operational trends and excellent risk diversification. Good current capitalization (6.4) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good Liquidity (6.2).
Other Rating Factors:
Fair quality investment portfolio (3.6). Excellent profitability (9.1) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind health (90.5%), ind annuities (8.4%), group health (0.3%), other (0.9%)
Licensed in:
All states except NY, RI, 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
New Era Life Group
Investment Rating
--
Company Address
11720 Katy Freeway Suite 1700
Houston, TX 77079
Houston, TX 77079
Phone Number
(281) 368-7159
NAIC Number
67784
Website
Largest Affiliates