C
NATIONAL LIFE INS CO
Rating Date
November 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: Fair profitability (3.8 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging -0.4%. Fair overall results on stability tests (3.3). Good current capitalization (6.8) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year.
Other Rating Factors: Good quality investment portfolio (6.0). Good Liquidity (6.9).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (44.7%), ind health (0.3%), other (55.1%)
Licensed in: All states except 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
National Life Group
Investment Rating
--
Company Address
1 National Life Drive
Montpelier, VT 05604
Phone Number
(802) 229-3333
NAIC Number
66680
Largest Affiliates