DIRECT GENERAL LIFE INS CO
Major Rating Factors:
Good Liquidity (5.8 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.6) including negative cash flow from operations for 2022. Weak profitability (2.8) with operating losses during 2022. Return on equity has been fair, averaging 9.2%.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (9.6).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except HI, NY, 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
National General Holdings Corporatio
Investment Rating
Company Address
911 Chestnut Street
Orangeburg, SC 29115
Orangeburg, SC 29115
Phone Number
(336) 435-2000
NAIC Number
97705
Website
Largest Affiliates