Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated Industrial Alliance Ins & Financial. Fair Liquidity (4.5) due, in part, to cash value policies that are subject to withdrawals with minimal or no penalty. Good overall profitability (5.8) although investment income, in comparison to reserve requirements, is below regulatory standards.
Other Rating Factors:
Strong capitalization (9.7) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (23.3%), group life (0.8%), other (75.9%)
Licensed in:
All states except NY
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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(800) 736-7311
NAIC Number
67148
Website
Largest Affiliates