AMERICAN HERITAGE LIFE INS CO
Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 56% of capital. Fair overall results on stability tests (4.8). Good overall capitalization (5.6) based on good risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years.
Other Rating Factors:
Good Liquidity (6.3). Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group health (63.1%), ind health (15.5%), group life (14.5%), other (6.9%)
Licensed in:
All states except NY