ELIPS LIFE INS CO
Major Rating Factors:
Weak profitability (1.9 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging -7.0%. Weak overall results on stability tests (2.2) including weak results on operational trends and negative cash flow from operations for 2024. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.2). Excellent Liquidity (9.3).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (98.7%), other (1.3%)
Licensed in:
All states except NY, 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
MAPFRE Ins Group
Investment Rating
--
Company Address
116 WEST WATER STREET
JEFFERSON CITY, MO 65109
JEFFERSON CITY, MO 65109
Phone Number
(914) 828-8000
NAIC Number
85561
Website
Largest Affiliates