AMERICAN FARM LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10) including fair financial strength of affiliated National Farm Group and negative cash flow from operations for 2023. Good Liquidity (6.7) with sufficient resources to handle a spike in claims. Weak profitability (1.9) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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:
NM, OK, TX
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 Farm Group
Investment Rating
--
Company Address
6001 Bridge Street
Fort Worth, TX 76112
Fort Worth, TX 76112
Phone Number
(817) 451-9550
NAIC Number
99619
Website
Largest Affiliates