EVERLAKE ASSURANCE COMPANY
Major Rating Factors:
Fair profitability (3.5 on a scale of 0 to 10) with operating losses during 2022. Fair overall results on stability tests (3.3) including weak results on operational trends and negative cash flow from operations for 2022. Strong overall capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years.
Other Rating Factors:
High quality investment portfolio (8.4). Excellent Liquidity (10.0).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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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
Allstate Group
Investment Rating
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Company Address
3075 SANDERS ROAD SUITE I2W
NORTHBROOK, IL 60062
NORTHBROOK, IL 60062
Phone Number
(847) 665-9930
NAIC Number
70866
Website
Largest Affiliates
