AMERITAS LIFE INS CORP OF NY
Major Rating Factors:
Fair quality investment portfolio (4.5 on a scale of 0 to 10) 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 Liquidity (4.4) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (3.8).
Other Rating Factors:
Good capitalization (6.5) based on good risk adjusted capital (severe loss scenario). Weak profitability (1.3) with operating losses during the first nine months of 2024.
Stability Factors:
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:
NY
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
Ameritas Mutual Holding Co
Investment Rating
--
Company Address
1350 Broadway Suite 2201
White Plains, NY 10601
White Plains, NY 10601
Phone Number
(402) 467-1122
NAIC Number
60033
Website
Largest Affiliates