AUGUSTAR LIFE INSURANCE CO
Major Rating Factors:
Fair current capitalization (4.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario) reflecting improvement over results in 2018. Fair profitability (4.9) with operating losses during 2022. Return on equity has been low, averaging 3.7%. Fair overall results on stability tests (3.9) including negative cash flow from operations for 2022.
Other Rating Factors:
Good quality investment portfolio (5.7). Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (93.7%), group annuities (1.2%), ind health (0.1%), other (5.0%)
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
--
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