D
INDEPENDENCE LIFE & ANNUITY CO
Rating Date
August 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Rating D
Capitalization Index 10.00
Investment Safety Index 7.50
Liquidity Index 7.60
Profitability Index 7.80
Reserve Adequacy Index --
Stability Index 2.10
Company Info INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Industry L&A
NAIC Number 64602
Phone Number (781) 446-1514
Website --
Address 1209 Orange Street Wilmington, DE 19801
Balance Sheet INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Total Assets 3.26B
Capital and Reserves INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Risk-Adjusted Capital Ratio #1 5.57
Risk-Adjusted Capital Ratio #2 3.89
1-Year Reserve Development --
2-Year Reserve Development --
Capital 207.72M
Premium to Surplus --
Reserves to Surplus --
Investments INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Cash 0.94%
CMO & Structured Securities 35.38%
Common & Preferred Stock 0.00%
Invested Assets 230.92
Investments in Affiliates 0.00%
Mortgages in Good Standing 0.00%
Non-Investment Grade Bonds 0.00%
Non-Performing Mortgages 0.00%
Other Investment Grade Bonds 59.63%
Other Investments 4.05%
Real Estate 0.00%
Operating Ratios INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Medical Loss Ratio --
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability INDEPENDENCE LIFE & ANNUITY CO
Wilmington, DE
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Net Income 772.93K
Net Premium 1.90M
Health Premium --
Weiss Ratings