EMPOWER ANNTY INS CO AM
Major Rating Factors:
Good quality investment portfolio (5.8 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Weak overall results on stability tests (2.8) including weak results on operational trends and negative cash flow from operations for 2024. Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (7.3). Excellent Liquidity (9.4).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (99.3%), other (0.7%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
Great West Life Asr
Investment Rating
--
Company Address
8515 East Orchard Road
Greenwood Village, CO 80111
Greenwood Village, CO 80111
Phone Number
(303) 737-3000
NAIC Number
68322
Website
Largest Affiliates