INDEPENDENT LIFE INSURANCE CO
Major Rating Factors:
Weak overall results on stability tests (2.8 on a scale of 0 to 10). Fair profitability (4.4). Return on equity has been low, averaging 0.8%. Good quality investment portfolio (5.1) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure.
Other Rating Factors:
Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.8).
Stability Factors:
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 AL, CO, FL, LA, ME, MN, MO, NV, NH, NM, NY, OK, RI, VT, VA, WI, WY, 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
None
Investment Rating
--
Company Address
One American Row
Fort Worth, TX 76102
Fort Worth, TX 76102
Phone Number
(800) 793-0848
NAIC Number
91785
Website
Largest Affiliates
No affiliate information available.