Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including negative cash flow from operations for 2022. Weak profitability (1.7) with operating losses during 2022. Weak Liquidity (1.3) as a spike in claims or a run on policy withdrawals may stretch capacity.
Other Rating Factors:
Good capitalization (6.5) based on good risk adjusted capital (severe loss scenario). High quality investment portfolio (7.0).
Stability Factors:
Principal Lines of Business:
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Licensed in:
All states except AK, ME, NY, ND, PR
Investments
Invested Assets
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Cash
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CMO & Structured Securities
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Other Investment Grade Bonds
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Non-Investment Grade Bonds
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Common & Preferred Stock
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Mortgages in Good Standing
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Non-Performing Mortgages
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Real Estate
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Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Columbian Life Group
Investment Rating
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Company Address
111 South Wacker Drive
Chicago, IL 60602
Chicago, IL 60602
Phone Number
(607) 724-2472
NAIC Number
76023
Website
Largest Affiliates
No affiliate information available.