Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) including fair financial strength of affiliated Americo Life Inc and negative cash flow from operations for 2024. Fair profitability (3.1). Return on equity has been low, averaging -1.1%. Good capitalization (5.7) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
Good Liquidity (6.9). Low quality investment portfolio (2.8).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
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 (3.6%), other (96.4%)
Licensed in:
All states except CT, FL, HI, ME, MI, MN, NH, NJ, NY, 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
Americo Life Inc
Investment Rating
--
Company Address
PO Box 139061
Dallas, TX 75313
Dallas, TX 75313
Phone Number
(816) 391-2000
NAIC Number
87645
Website
Largest Affiliates