Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including excessive premium growth. Good capitalization (6.0) based on good risk adjusted capital (severe loss scenario). Good quality investment portfolio (6.0) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low.
Other Rating Factors:
Good Liquidity (6.4). Excellent profitability (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (40.3%), ind health (0.8%), group life (0.6%), other (58.3%)
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
Dai-ichi Life Holdings Inc
Investment Rating
--
Company Address
1620 WESTGATE CIRCLE SUITE 200
Omaha, NE 68114
Omaha, NE 68114
Phone Number
(205) 879-9230
NAIC Number
68136
Website
Largest Affiliates