Major Rating Factors:
Weak profitability (0.6 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak Liquidity (0.0) as a spike in claims or a run on policy withdrawals may stretch capacity. Weak overall results on stability tests (2.0) including weak results on operational trends.
Other Rating Factors:
Strong capitalization (6.7) based on excellent risk adjusted capital (severe loss scenario). Good quality investment portfolio (6.1).
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
(800) 736-7311
NAIC Number
14406
Website
Largest Affiliates