Major Rating Factors:
Good quality investment portfolio (5.0 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. Good Liquidity (5.8) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.0) despite negative cash flow from operations for 2022 good operational trends and excellent risk diversification.
Other Rating Factors:
Fair profitability (4.4). Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
G - Fast asset or premium growth.
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 (36.6%), ind health (2.4%), credit health (0.9%), credit life (0.7%), other (59.4%)
Licensed in:
CT, DE, ME, MD, MA, NH, NJ, NY, PA, RI, VT, VA, WV
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
American National Group Inc
Investment Rating
--
Company Address
344 ROUTE 9W
GLENMONT, NY 12077
GLENMONT, NY 12077
Phone Number
(409) 763-4661
NAIC Number
63126
Website
Largest Affiliates