Major Rating Factors:
Strong capitalization (4.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital has steadily grown over the last five years. Fair quality investment portfolio (4.4) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 55% of capital. Fair overall results on stability tests (4.1).
Other Rating Factors:
Excellent profitability (8.4) with operating gains in each of the last five years. Excellent Liquidity (7.4).
Stability Factors:
G - Fast asset or premium growth.
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 (98.5%), group annuities (1.2%), other (0.2%)
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
NZC Captial LLC
Investment Rating
--
Company Address
One Security Benefit Place
Topeka, KS 66636
Topeka, KS 66636
Phone Number
(800) 888-2461
NAIC Number
68675
Website
Largest Affiliates