ACCORDIA LIFE & ANNUITY CO
Major Rating Factors:
Fair capitalization (4.1 on a scale of 0 to 10) based on fair risk adjusted capital (moderate loss scenario). Fair overall results on stability tests (3.1) including negative cash flow from operations for 2023 and fair risk adjusted capital in prior years. Weak profitability (0.7) with operating losses during the first nine months of 2024.
Other Rating Factors:
Good quality investment portfolio (5.2). Good Liquidity (5.2).
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:
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