B
STERLING LIFE INS CO
ChicagoIL
Rating Date
March 2025
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: Good overall results on stability tests (5.9 on a scale of 0 to 10) despite fair risk adjusted capital in prior years. Other stability subfactors include good operational trends and good risk diversification. Good quality investment portfolio (5.8) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but no exposure to junk bonds. Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors: Excellent profitability (8.7) with operating gains in each of the last five years. Excellent Liquidity (7.1).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. I - Past results on our Investment Safety Index.
Principal Lines of Business: Ind health (97.5%), other (2.5%)
Licensed in: All states except 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
Aon Corp
Investment Rating
--
Company Address
525 W Monroe St
Chicago, IL 60661
Phone Number
(512) 451-2224
NAIC Number
77399
Largest Affiliates
B
C
BLOOMFIELD, CT - L&A
B
Cleveland, OH - L&A
C
B
WILMINGTON, DE - L&A