KILPATRICK LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including weak risk adjusted capital in prior years. Good quality investment portfolio (5.2) despite large 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 (5.5). Excellent expense controls.
Other Rating Factors:
Good Liquidity (6.4). Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Ind annuities (8.8%), ind health (4.3%), ind life (0.5%), other (86.4%)
Licensed in:
AR, LA, MS, OK, TX, UT