MANHATTAN LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including negative cash flow from operations for 2024. 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 overall profitability (5.9). Excellent expense controls. Return on equity has been good over the last five years, averaging 12.4%.
Other Rating Factors:
Good Liquidity (6.5). 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:
Ind annuities (64.7%), ind health (26.3%), group life (0.6%), other (8.4%)
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