Major Rating Factors:
Fair Liquidity (4.6 on a scale of 0 to 10) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims. Fair overall results on stability tests (4.3) including excessive premium growth. Weak profitability (1.6) with operating losses during 2023.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.5).
Stability Factors:
L - Past results on our liquidity tests.
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
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