STATE LIFE INS CO
Major Rating Factors:
Fair quality investment portfolio (4.9 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Fair profitability (4.5) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair overall results on stability tests (3.3).
Other Rating Factors:
Good capitalization (6.0) based on good risk adjusted capital (severe loss scenario). Weak Liquidity (1.3).
Stability Factors:
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind annuities (26.7%), other (73.3%)
Licensed in:
All states except NY, 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
American United Life Group
Investment Rating
--
Company Address
ONE AMERICAN SQUARE
INDIANAPOLIS, IN 46282
INDIANAPOLIS, IN 46282
Phone Number
(317) 285-2300
NAIC Number
69116
Website
Largest Affiliates