AUGUSTAR LIFE INSURANCE CO
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10). Good quality investment portfolio (5.7) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to minimal holdings in junk bonds. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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