C
AMERICAN LIFE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.1 on a scale of 0 to 10). Good overall capitalization (5.6) based on good risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Good overall profitability (6.9). Return on equity has been excellent over the last five years averaging 17.6%.
Other Rating Factors: Low quality investment portfolio (2.8). Excellent Liquidity (8.0).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Group health (15.1%), ind health (10.9%), credit health (3.6%), credit life (0.9%), ind annuities (0.8%), group annuities (0.3%), other (68.4%)
Licensed in: DE
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
MetLife Inc
Investment Rating
MET
Company Address
1209 Orange Street
Wilmington, DE 19801
Phone Number
(302) 594-2000
NAIC Number
60690
Largest Affiliates
B
New York, NY - L&A
C
B
A
Wilmington, DE - L&A
U
Sydney, Australia, AU - L&A
Weiss Ratings