Major Rating Factors:
Fair quality investment portfolio (4.6 on a scale of 0 to 10). Fair Liquidity (4.8) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (4.9) including negative cash flow from operations for 2022.
Other Rating Factors:
Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.5) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (1.1%), group annuities (0.2%), group life (0.2%), other (98.5%)
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
Americo Life Inc
Investment Rating
--
Company Address
PO Box 139061
Dallas, TX 75313
Dallas, TX 75313
Phone Number
(816) 391-2000
NAIC Number
63487
Website
Largest Affiliates