Major Rating Factors:
Good overall profitability (6.1 on a scale of 0 to 10). Return on equity has been low, averaging 4.0%. Fair capitalization for the current period (3.6) based on fair risk adjusted capital (severe loss scenario) reflecting some improvement over results in 2018. Fair quality investment portfolio (3.8) with large holdings of BBB rated bonds in addition to moderate junk bond exposure.
Other Rating Factors:
Fair Liquidity (3.7). Fair overall results on stability tests (4.4) including weak risk adjusted capital in prior 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.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (82.5%), other (17.5%)
Licensed in:
AR
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
None
Investment Rating
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Company Address
126 HAWTHORNE
Abilene, TX 79606
Abilene, TX 79606
Phone Number
(325) 695-3412
NAIC Number
73881
Website
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Largest Affiliates