Major Rating Factors:
Good overall results on stability tests (5.7 on a scale of 0 to 10) despite negative cash flow from operations for 2022. Other stability subfactors include good operational trends and excellent risk diversification. Good quality investment portfolio (5.4) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to minimal holdings in junk bonds. Fair profitability (4.1).
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
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:
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Licensed in:
All states except ME, NH, NJ, 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
American National Group Inc
Investment Rating
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Company Address
ONE MOODY PLAZA
GALVESTON, TX 77550
GALVESTON, TX 77550
Phone Number
(409) 763-4661
NAIC Number
86355
Website
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Largest Affiliates