MANHATTAN LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.6 on a scale of 0 to 10) including negative cash flow from operations for 2023. Good quality investment portfolio (6.1) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.3).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Manhattan Life Group Inc
Investment Rating
--
Company Address
225 Community Drive Suite 11
Great Neck, NY 11021
Great Neck, NY 11021
Phone Number
(713) 529-0045
NAIC Number
65870
Website
Largest Affiliates