MEDICO LIFE & HEALTH INS CO
Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including fair financial strength of affiliated American Enterprise Mutual Holding. Good quality investment portfolio (5.9) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good overall profitability (5.2).
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.9).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
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Licensed in:
AZ, AR, CO, ID, IL, IN, IA, KS, KY, MI, MN, MT, NE, NC, ND, OH, OK, OR, PA, SD, UT, WI, WY
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
American Enterprise Mutual Holding
Investment Rating
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Company Address
601 6th Avenue
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(800) 228-6080
NAIC Number
65641
Website
Largest Affiliates