AUGUSTAR LIFE ASSURANCE CORP
Major Rating Factors:
Good overall results on stability tests (5.5 on a scale of 0 to 10) despite fair financial strength of affiliated Ohio Natonal Mutual Inc. Other stability subfactors include excellent operational trends and excellent risk diversification. Good current capitalization (6.9) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good quality investment portfolio (5.6).
Other Rating Factors:
Good overall profitability (5.1) although investment income, in comparison to reserve requirements, is below regulatory standards. Fair Liquidity (3.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind health (17.8%), other (82.2%)
Licensed in:
All states except NY
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
Ohio Natonal Mutual Inc
Investment Rating
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Company Address
One Financial Way
Cincinnati, OH 45242
Cincinnati, OH 45242
Phone Number
(513) 794-6100
NAIC Number
89206
Website
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Largest Affiliates