Major Rating Factors:
Fair quality investment portfolio (4.5 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 53% of capital. Exposure to mortgages is large, but the mortgage default rate has been low. Fair overall results on stability tests (3.6). Good Liquidity (6.1).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CT, NY, WA, WY, 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
Liberty Life Group Trust
Investment Rating
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Company Address
1605 LBJ Freeway Suite 710
Dallas, TX 75234
Dallas, TX 75234
Phone Number
(469) 522-4400
NAIC Number
66001
Website
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Largest Affiliates