AURORA NATIONAL LIFE ASR CO
Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including negative cash flow from operations for 2022. Good quality investment portfolio (5.3) despite large holdings of BBB rated bonds in addition to junk bond exposure equal to 74% of capital. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (6.8). Excellent expense controls.
Other Rating Factors:
Weak Liquidity (2.4). Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Group life (5.1%), other (94.9%)
Licensed in:
All states except CT, ME, NH, 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
Reinsurance Group of America Inc
Investment Rating
Company Address
818 WEST 7TH STREET
GLENDALE, CA 91203
GLENDALE, CA 91203
Phone Number
(800) 265-2652
NAIC Number
61182
Website
Largest Affiliates
