Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including weak results on operational trends. Weak profitability (1.7) with operating losses during 2024. Return on equity has been low, averaging -24.6%. Strong overall capitalization (10.0) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (7.5). Excellent Liquidity (9.1).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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
AFLAC Inc
Investment Rating
Company Address
1600 Williams Street
Omaha, NE 68114
Omaha, NE 68114
Phone Number
(706) 243-8708
NAIC Number
71730
Website
Largest Affiliates