MANHATTAN NATIONAL LIFE INS CO
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 moderate junk bond exposure. Fair overall results on stability tests (4.8) including negative cash flow from operations for 2022. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (1.8) with operating losses during 2022. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (1.4%), other (98.6%)
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
American Financial Group Inc
Investment Rating
--
Company Address
301 East Fourth Street
Cincinnati, OH 45202
Cincinnati, OH 45202
Phone Number
(513) 361-9000
NAIC Number
67083
Website
Largest Affiliates
