FARM BUREAU LIFE INS CO
Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Fair Liquidity (4.9) due, in part, to cash value policies that are subject to withdrawals with minimal or no penalty. Fair overall results on stability tests (3.9).
Other Rating Factors:
Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.1) with operating gains in each of the last five years.
Stability Factors:
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (36.5%), group annuities (0.3%), group life (0.2%), other (63.0%)
Licensed in:
AZ, CO, ID, IA, KS, MN, MT, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
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
Iowa Farm Bureau
Investment Rating
--
Company Address
5400 University Avenue
West Des Moines, IA 50266
West Des Moines, IA 50266
Phone Number
(515) 225-5400
NAIC Number
63088
Website
Largest Affiliates