Major Rating Factors:
Good quality investment portfolio (5.0 on a scale of 0 to 10) with no exposure to mortgages and no exposure to junk bonds. Fair overall results on stability tests (3.7) including weak results on operational trends and negative cash flow from operations for 2023. Weak profitability (1.8) with operating losses during 2023. Return on equity has been low, averaging -11.9%.
Other Rating Factors:
Weak Liquidity (2.5). Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
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:
--
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
Mutual of Omaha Insurance Company
Investment Rating
--
Company Address
--
Phone Number
(402) 342-7600
NAIC Number
16537
Website
Largest Affiliates