ELCO MUTUAL LIFE & ANNUITY
Major Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good overall results on stability tests (5.8). Stability strengths include excellent operational trends and good risk diversification. Fair quality investment portfolio (4.7).
Other Rating Factors:
Excellent profitability (8.0) with operating gains in each of the last five years. Excellent Liquidity (7.3).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (92.4%), group life (0.2%), other (7.4%)
Licensed in:
All states except MA, NH, NJ, NY, RI, VT, 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
None
Investment Rating
--
Company Address
916 Sherwood Drive
Lake Bluff, IL 60044
Lake Bluff, IL 60044
Phone Number
(847) 295-6000
NAIC Number
84174
Website
Largest Affiliates
No affiliate information available.