AMERICAN MEMORIAL LIFE INS CO
Major Rating Factors:
Good current capitalization (6.3 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good overall profitability (5.1) despite operating losses during 2022. Return on equity has been good over the last five years, averaging 14.2%. Good Liquidity (5.6).
Other Rating Factors:
Good overall results on stability tests (5.6) despite fair risk adjusted capital in prior years excellent operational trends and excellent risk diversification. Fair quality investment portfolio (4.7).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group life (64.1%), group annuities (0.2%), ind annuities (0.2%), other (35.5%)
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
Assurant Inc
Investment Rating
--
Company Address
440 MOUNT RUSHMORE ROAD
RAPID CITY, SD 57701
RAPID CITY, SD 57701
Phone Number
(608) 238-5851
NAIC Number
67989
Website
Largest Affiliates