Major Rating Factors:
Fair quality investment portfolio (4.0 on a scale of 0 to 10). Weak profitability (0.6) with operating losses during 2023. Weak Liquidity (0.0) as a spike in claims or a run on policy withdrawals may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (2.0) including weak results on operational trends. Good capitalization (6.4) based on good risk adjusted capital (severe loss scenario).
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(254) 297-2777
NAIC Number
14406
Website
Largest Affiliates