Major Rating Factors:
Poor current capitalization (2.0 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario), although results have slipped from the good range over the last year. Low quality investment portfolio (0.2) containing large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Weak profitability (1.1) with operating losses during 2022.
Other Rating Factors:
Weak Liquidity (1.8). Weak overall results on stability tests (0.7) including weak risk adjusted capital in prior years and Weak risk diversification.
Stability Factors:
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 (100.0%)
Licensed in:
AZ, AR, CO, DC, DE, ID, IL, IN, LA, MD, MN, MS, MO, MT, NE, NV, NM, ND, OH, SD, TN, TX, UT, WV, WY
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
Americo Life Inc
Investment Rating
--
Company Address
PO Box 139061
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(877) 543-3504
NAIC Number
78093
Website
Largest Affiliates
No affiliate information available.
