Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (5.1). Excellent expense controls. Return on equity has been low, averaging 2.0%. Good Liquidity (6.0).
Other Rating Factors:
Good overall results on stability tests (6.9) excellent operational trends and excellent risk diversification. Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (56.1%), group annuities (14.8%), other (29.1%)
Licensed in:
All states except NY, PR
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
Pacific LifeCorp
Investment Rating
--
Company Address
6750 MERCY ROAD
OMAHA, NE 68106
OMAHA, NE 68106
Phone Number
(949) 219-3943
NAIC Number
67466
Website
Largest Affiliates