CYRUS LIFE INSURANCE CO
Major Rating Factors:
Poor current capitalization (0.4 on a scale of 0 to 10) based on weak risk adjusted capital (severe loss scenario), although results have slipped from the fair range over the last two years. Low quality investment portfolio (1.2) containing large holdings of BBB rated bonds in addition to moderate junk bond exposure. Weak profitability (1.0) with operating losses during the first nine months of 2024.
Other Rating Factors:
Weak overall results on stability tests (0.4) including weak risk adjusted capital in prior years and Weak risk diversification. Good Liquidity (6.1).
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AR
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
None
Investment Rating
--
Company Address
1920 North Main Street
North Little Rock, AR 72114
North Little Rock, AR 72114
Phone Number
(501) 758-1778
NAIC Number
83860
Website
Largest Affiliates