B
PACIFIC GUARDIAN LIFE INS CO LTD
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Good capitalization (6.3 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Good Liquidity (5.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair quality investment portfolio (3.9) with large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Exposure to mortgages is large, but the mortgage default rate has been low.
Other Rating Factors: Fair overall results on stability tests (4.5). Weak profitability (1.8) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. 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: Other (100%)
Licensed in: All states except CT, FL, NJ, 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
Meiji Yasuda Life Ins Co
Investment Rating
--
Company Address
1440 Kapiolani Blvd Ste 1600
Honolulu, HI 96814
Phone Number
(808) 955-2236
NAIC Number
64343
Largest Affiliates
B
PORTLAND, OR - L&A
C
INDIANAPOLIS, IN - L&A
B
WHITE PLAINS, NY - L&A
C