PENN MUTUAL LIFE INS CO
Major Rating Factors:
Fair profitability (4.1 on a scale of 0 to 10). Good quality investment portfolio (5.6) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak overall results on stability tests (2.9) including weak results on operational trends. Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (79.9%), group life (0.1%), other (20.0%)
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
Penn Mutual Group
Investment Rating
--
Company Address
The Penn Mutual Life Ins Co
Philadelphia, PA 19172
Philadelphia, PA 19172
Phone Number
(215) 956-8000
NAIC Number
67644
Website
Largest Affiliates