Major Rating Factors:
Weak overall results on stability tests (2.5 on a scale of 0 to 10) including weak financial strength of affiliated First Trinity Financial Corp, excessive premium growth, weak risk adjusted capital in prior years and weak results on operational trends. Weak profitability (2.4) with operating losses during 2024. Return on equity has been low, averaging 0.4%. Fair capitalization (3.6) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Fair quality investment portfolio (3.0). Good Liquidity (5.7).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
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 (78.6%), group life (1.7%), other (19.7%)
Licensed in:
AL, AZ, AR, CO, GA, IL, IN, KS, KY, LA, MI, MS, MO, MT, NE, NM, NC, ND, OH, OK, PA, SD, TN, TX, UT, VA, WV
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
First Trinity Financial Corp
Investment Rating
--
Company Address
7633 E 63RD PL STE 230
TULSA, OK 74133
TULSA, OK 74133
Phone Number
(918) 249-2438
NAIC Number
70742
Website
Largest Affiliates