CORPORATE SOLUTIONS LIFE REINS CO
Major Rating Factors:
Weak overall results on stability tests (1.6 on a scale of 0 to 10) including weak results on operational trends and negative cash flow from operations for 2024. Good quality investment portfolio (5.0) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good overall profitability (5.4) despite operating losses during 2024.
Other Rating Factors:
Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.6).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (90.9%), group annuities (7.0%), other (2.1%)
Licensed in:
All states except FL, 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
AXA Financial Inc
Investment Rating
--
Company Address
2711 Centerville Rd Ste 400
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(610) 249-9531
NAIC Number
68365
Website
Largest Affiliates