B
GUARANTY INCOME LIFE INS CO
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall capitalization (6.5 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Nevertheless, capital levels have fluctuated during prior years. Good overall profitability (6.1). Return on equity has been fair, averaging 7.9%. Good overall results on stability tests (5.4) excellent operational trends and excellent risk diversification.
Other Rating Factors: Fair quality investment portfolio (3.9). Excellent Liquidity (7.1).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. C - Past results on our Risk-Adjusted Capital tests. G - Fast asset or premium growth. I - Past results on our Investment Safety Index.
Principal Lines of Business: Ind annuities (99.8%), other (0.2%)
Licensed in: All states except AK, HI, ME, 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
Kuvare US Holdings Inc
Investment Rating
--
Company Address
929 Government Street
Cedar Rapids, IA 52401
Phone Number
(225) 383-0355
NAIC Number
64238
Largest Affiliates
C
CEDAR RAPIDS, IA - L&A