B
SWBC LIFE INS CO
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (6.4 on a scale of 0 to 10) with no exposure to mortgages and minimal holdings in junk bonds. Good overall profitability (6.9). Excellent expense controls. Return on equity has been fair, averaging 7.0%. Good overall results on stability tests (5.4) good operational trends and good risk diversification.
Other Rating Factors: Strong capitalization (9.5) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.0).
Stability Factors: I - Past results on our Investment Safety Index.
Principal Lines of Business: Credit health (47.0%), credit life (38.4%), group health (2.5%), group life (0.2%), other (12.0%)
Licensed in: AL, GA, LA, MI, OK, TN, TX, UT, VA
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
Southwest Business Corp
Investment Rating
--
Company Address
9311 San Pedro Ste 600
San Antonio, TX 78216
Phone Number
(210) 321-7361
NAIC Number
99538
Largest Affiliates
C
San Antonio, TX - P&C