Major Rating Factors:
Good quality investment portfolio (5.3 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. substantial holdings of BBB bonds in addition to minimal holdings in junk bonds. Fair overall results on stability tests (3.8). Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (7.5) with operating gains in each of the last five years. Excellent Liquidity (7.1).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (31.0%), group annuities (24.4%), ind health (14.0%), group life (6.0%), other (24.5%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
CUNA Mutual Ins Group
Investment Rating
--
Company Address
2000 HERITAGE WAY
WAVERLY, IA 50677
WAVERLY, IA 50677
Phone Number
(608) 238-5851
NAIC Number
62626
Website
Largest Affiliates