LIFE INS CO OF NORTH AMERICA
Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10). Good quality investment portfolio (5.4) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good overall profitability (5.7). Excellent expense controls. Return on equity has been low, averaging 2.4%.
Other Rating Factors:
Strong capitalization (9.2) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.1).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (83.2%), group life (16.5%), other (0.3%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
CIGNA Corp
Investment Rating
--
Company Address
2 LIBERTY PLC 1601 CHESTNUT ST
PHILADELPHIA, PA 19192
PHILADELPHIA, PA 19192
Phone Number
(212) 576-7000
NAIC Number
65498
Website
Largest Affiliates