PAN-AMERICAN LIFE INS CO
Major Rating Factors:
Good quality investment portfolio (5.4 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good overall profitability (6.2). Return on equity has been low, averaging 3.4%. Fair Liquidity (4.9).
Other Rating Factors:
Fair overall results on stability tests (3.5) including excessive premium growth and weak results on operational trends. Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group health (41.3%), ind health (2.5%), group life (1.7%), ind annuities (0.3%), ind life (0.2%), other (54.0%)
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
Pan-American Life
Investment Rating
--
Company Address
PAN-AMERICAN LIFE CENTER
NEW ORLEANS, LA 70130
NEW ORLEANS, LA 70130
Phone Number
(504) 566-1300
NAIC Number
67539
Website
Largest Affiliates