AMERICAN EQUITY INVEST LIFE INS CO
Major Rating Factors:
Fair overall capitalization (4.0 on a scale of 0 to 10) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario). Fair overall results on stability tests (4.0) including negative cash flow from operations for 2022. Good quality investment portfolio (5.6).
Other Rating Factors:
Good Liquidity (5.6). Weak profitability (2.6) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
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Licensed in:
All states except NY, PR