AMERICAN REPUBLIC INS CO
Major Rating Factors:
Good quality investment portfolio (5.8 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (4.9).
Other Rating Factors:
Strong capitalization (8.9) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.7) despite modest operating losses during 2022.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, PR
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 Enterprise Mutual Holding
Investment Rating
--
Company Address
601 Sixth Avenue
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(800) 247-2190
NAIC Number
60836
Website
Largest Affiliates