C
KILPATRICK LIFE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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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
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
Shehee Limited Partnership
Investment Rating
--
Company Address
1818 Marshall Street
Shreveport, LA 71101
Phone Number
(318) 222-0555
NAIC Number
74918
Largest Affiliates
No affiliate information available.
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