B
NATIONAL GUARDIAN LIFE INS CO
MadisonWI
Rating Date
March 2025
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 quality investment portfolio (5.3 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good Liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (3.5).
Other Rating Factors: Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.3) with operating gains in each of the last five years.
Stability Factors: G - Fast asset or premium growth. I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Group life (53.8%), group annuities (7.5%), ind annuities (4.6%), ind health (4.4%), group health (0.3%), other (29.5%)
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
NGL Ins Group
Investment Rating
--
Company Address
2 East Gilman Street
Madison, WI 53703
Phone Number
(608) 257-5611
NAIC Number
66583
Largest Affiliates