Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated AXA Financial Inc, negative cash flow from operations for 2024 and fair risk adjusted capital in prior years. Fair current capitalization (4.0) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020. Good Liquidity (6.1).
Other Rating Factors:
High quality investment portfolio (7.4). Excellent profitability (7.5) despite modest operating losses during 2020 and 2021.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
Principal Lines of Business:
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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
AXA Financial Inc
Investment Rating
Company Address
8742 Lucent Boulevard Ste 600
Lakewood, CO 80401
Lakewood, CO 80401
Phone Number
(704) 341-6308
NAIC Number
62880
Website
Largest Affiliates