STATE FARM LIFE INS CO
Major Rating Factors:
Good quality investment portfolio (6.7 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 liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Excellent overall results on stability tests (7.9) excellent operational trends and excellent risk diversification.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.4) with operating gains in each of the last five years.
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 (3.0%), group life (1.7%), other (95.3%)
Licensed in:
All states except MA, NY, 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
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
69108
Website
Largest Affiliates
