Major Rating Factors:
Good overall results on stability tests (5.0 on a scale of 0 to 10) despite fair financial strength of affiliated Industrial Alliance Ins & Financial. Other stability subfactors include excellent operational trends and good risk diversification. Fair profitability (3.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair Liquidity (4.1).
Other Rating Factors:
Strong capitalization (8.6) 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.
Principal Lines of Business:
Ind annuities (24.1%), group life (0.9%), other (75.1%)
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
(254) 297-2777
NAIC Number
67148
Website
Largest Affiliates