Major Rating Factors:
Weak profitability (1.9 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging -3.7%. Weak overall results on stability tests (2.7) including weak results on operational trends and negative cash flow from operations for 2024. Good quality investment portfolio (5.2).
Other Rating Factors:
Good Liquidity (6.8). Strong overall capitalization (7.2) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
All states except 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
American National Group Inc
Investment Rating
Company Address
ONE MOODY PLAZA
GALVESTON, TX 77550
GALVESTON, TX 77550
Phone Number
(409) 763-4661
NAIC Number
60739
Website
Largest Affiliates