Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10). Weak profitability (2.3) with operating losses during 2024. Good Liquidity (5.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.9).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (7.6%), group life (0.4%), other (92.1%)
Licensed in:
All states except CT, DE, IA, ME, MI, MN, NE, NH, NY, ND, PA, SD, VT, WI
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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(800) 736-7311
NAIC Number
67873
Largest Affiliates