AUGUSTAR LIFE INSURANCE CO
Major Rating Factors:
Fair profitability (4.4 on a scale of 0 to 10). Return on equity has been low, averaging 0.2%. Fair overall results on stability tests (3.4). Good quality investment portfolio (5.7) despite significant exposure to mortgages . Mortgage default rate has been low. substantial holdings of BBB bonds in addition to minimal holdings in junk bonds.
Other Rating Factors:
Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (91.5%), group annuities (3.1%), ind health (0.4%), other (5.1%)
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
Ohio Natonal Mutual Inc
Investment Rating
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Company Address
One Financial Way
Cincinnati, OH 45242
Cincinnati, OH 45242
Phone Number
(513) 794-6100
NAIC Number
67172
Website
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Largest Affiliates