B
EAGLE LIFE INS CO
Rating Date
December 2023
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: Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated American Equity Investment Group. Fair overall capitalization (4.0) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Good quality investment portfolio (5.7).
Other Rating Factors: Good Liquidity (5.5). Weak profitability (2.7) with operating losses during 2022.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (100.0%)
Licensed in: All states except 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
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Investments in Affiliates
Corporate Info
Group Affiliation
American Equity Investment Group
Investment Rating
AEL
Company Address
6000 WESTOWN PARKWAY
WEST DES MOINES, IA 50266
Phone Number
(515) 221-0002
NAIC Number
13183
Largest Affiliates
C
WEST DES MOINES, IA - L&A
U
U
Scottsdale, AZ - L&A
Weiss Ratings