DIRECT GENERAL LIFE INS CO
Major Rating Factors:
Weak profitability (0.7 on a scale of 0 to 10) with operating losses during 2023. Weak Liquidity (0.0) as a spike in claims may stretch capacity. Fair overall results on stability tests (3.1) including weak results on operational trends and negative cash flow from operations for 2023.
Other Rating Factors:
Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (9.6).
Stability Factors:
F - Negative cash flow.
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:
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