STATE FARM LIFE & ACCIDENT ASR CO
Major Rating Factors:
Good quality investment portfolio (6.0 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Excellent overall results on stability tests (7.9) excellent operational trends and excellent risk diversification. Strong capitalization (8.5) 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.
Principal Lines of Business:
Ind annuities (4.1%), other (95.9%)
Licensed in:
CT, IL, NY, WI
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
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
69094
Website
Largest Affiliates