Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10) including fair financial strength of affiliated Torchmark Corp. Good quality investment portfolio (5.3) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Weak Liquidity (2.7) as a spike in claims or a run on policy withdrawals may stretch capacity.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.4) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group life (21.5%), ind health (19.7%), other (58.8%)
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
Torchmark Corp
Investment Rating
Company Address
10306 REGENCY PARKWAY DR
OMAHA, NE 68114
OMAHA, NE 68114
Phone Number
(972) 569-4000
NAIC Number
65331
Largest Affiliates