A
STATE FARM LIFE INS CO
Bloomington, IL
Data as of
September 30, 2020
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
4.71
Risk Adjusted
Capital Ratio #2
2.62
Total
Assets
80.33B
Capital
12.55B
Net
Premiums
3.91B
Net
Income
46.77M
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Major Rating Factors: Good quality investment portfolio (6.4 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. substantial holdings of BBB bonds in addition to minimal holdings in junk bonds. Good overall profitability (5.2) although investment income, in comparison to reserve requirements, is below regulatory standards. Good liquidity (6.3).
Other Rating Factors: Excellent overall results on stability tests (7.9) excellent operational trends and excellent risk diversification. Strong capitalization (9.4) 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 (8.0%), group life (1.5%), other (90.5%)
Licensed in: All states except MA, NY, WI, PR
Investments
Invested Assets
76.3B
Cash
0.00%
CMO & Structured Securities
18.11%
Other Investment Grade Bonds
49.65%
Non-Investment Grade Bonds
0.46%
Common & Preferred Stock
6.75%
Mortgages in Good Standing
13.55%
Non-Performing Mortgages
0.00%
Real Estate
0.00%
Other Investments
11.50%
Investments in Affiliates
3.01%
Corporate Info
Group Affiliation
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
69108
Largest Affiliates
B
Bloomington, IL - P&C
C
Bloomington, IL - P&C
A
Bloomington, IL - P&C
B
Richardson, TX - P&C
Weiss Ratings