Major Rating Factors:
Low quality investment portfolio (2.9 on a scale of 0 to 10). Weak profitability (2.7) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.9).
Other Rating Factors:
Good Liquidity (6.9). Strong capitalization (7.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group life (0.1%), other (99.9%)
Licensed in:
All states except AK, AZ, CT, IA, ME, MA, MI, NV, NH, NJ, NY, OH, RI, VT, WY, 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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(254) 297-2777
NAIC Number
67946
Largest Affiliates