ELIPS LIFE INS CO
Major Rating Factors:
Strong capitalization (4.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years. Weak profitability (1.9) with operating losses during 2022. Return on equity has been low, averaging -9.8%. Weak overall results on stability tests (2.5) including weak results on operational trends and negative cash flow from operations for 2022.
Other Rating Factors:
High quality investment portfolio (7.5). Excellent Liquidity (9.2).
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
(847) 273-1261
NAIC Number
85561
Website
Largest Affiliates