SOUTHERN LIFE & HEALTH INS CO
Major Rating Factors:
Low quality investment portfolio (2.2 on a scale of 0 to 10). Weak overall results on stability tests (2.5) including weak results on operational trends and negative cash flow from operations for 2022. Fair current capitalization (4.4) based on fair risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year.
Other Rating Factors:
Fair Liquidity (3.8). Good overall profitability (6.0) despite operating losses during 2022.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
G - Fast asset or premium growth.
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:
Other (100%)
Licensed in:
AL, DE, FL, LA, MS, OK, TX, WI
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
Geneve Holdings Inc
Investment Rating
--
Company Address
1241 John Q Hammons Drive
Oklahoma City, OK 73134
Oklahoma City, OK 73134
Phone Number
(800) 366-8354
NAIC Number
88323
Website
Largest Affiliates