B
MUTUAL TRUST LIFE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall profitability (5.4 on a scale of 0 to 10) although investment income, in comparison to reserve requirements, is below regulatory standards. Good Liquidity (5.2) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.9) excellent operational trends and excellent risk diversification.
Other Rating Factors: Fair quality investment portfolio (4.3). Strong capitalization (7.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: I - Past results on our Investment Safety Index. L - Past results on our liquidity tests.
Principal Lines of Business: Group health (4.8%), ind annuities (0.6%), other (94.7%)
Licensed in: All states except NY, 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
Pan-American Life
Investment Rating
--
Company Address
1200 Jorie Boulevard
New Orleans, LA 70130
Phone Number
(504) 566-1300
NAIC Number
66427
Largest Affiliates
B
NEW ORLEANS, LA - L&A
B
NEW ORLEANS, LA - L&A
U
GRAND CAYMAN, CA - L&A
U
RICHARDSON, TX - P&C
Weiss Ratings