Major Rating Factors:
Weak overall results on stability tests (0.3 on a scale of 0 to 10) including potential financial drain due to affiliation with US Alliance Corp. Fair quality investment portfolio (3.1) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Fair profitability (4.0).
Other Rating Factors:
Good capitalization (5.8) based on good risk adjusted capital (severe loss scenario). Good Liquidity (5.9).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (25.0%), group life (3.6%), group health (0.5%), other (70.9%)
Licensed in:
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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
US Alliance Corp
Investment Rating
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Company Address
107 W Main Ave Suite 325
Bismarck, ND 58501
Bismarck, ND 58501
Phone Number
(701) 258-1499
NAIC Number
14188
Website
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Largest Affiliates