Major Rating Factors:
Fair quality investment portfolio (4.2 on a scale of 0 to 10) with 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. Fair overall results on stability tests (4.1) including fair risk adjusted capital in prior years. Good capitalization (5.1) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
Good Liquidity (6.6). Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Liberty Life Group Trust
Investment Rating
--
Company Address
1605 LBJ Freeway Suite 710
Dallas, TX 75234
Dallas, TX 75234
Phone Number
(469) 522-4400
NAIC Number
68543
Largest Affiliates