AMERICAN FARM LIFE INS CO
Major Rating Factors:
Good Liquidity (6.9 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.1). Weak profitability (2.5) with operating losses during 2022. Return on equity has been low, averaging -1.3%.
Other Rating Factors:
Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.6).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Ind annuities (0.2%), other (99.8%)
Licensed in:
NM, OK, TX