ACCORDIA LIFE & ANNUITY CO
Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) including fair financial strength of affiliated Global Atlantic Financial Group and fair risk adjusted capital in prior years. Fair current capitalization (4.9) based on fair risk adjusted capital (severe loss scenario), although results have slipped from the good range over the last year. Fair profitability (4.4) with operating losses during 2022.
Other Rating Factors:
Good quality investment portfolio (5.6). Good Liquidity (5.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
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
Global Atlantic Financial Group
Investment Rating
Company Address
215 10TH STREET SUITE 1100
DES MOINES, IA 50309
DES MOINES, IA 50309
Phone Number
(855) 887-4487
NAIC Number
62200
Website
Largest Affiliates
