B
AAA LIFE INS CO
LivoniaMI
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (6.3 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good overall profitability (5.9) although investment income, in comparison to reserve requirements, is below regulatory standards. Good Liquidity (6.5).
Other Rating Factors: Good overall results on stability tests (6.7) excellent operational trends and excellent risk diversification. Strong capitalization (8.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: I - Past results on our Investment Safety Index.
Principal Lines of Business: Group life (43.1%), group health (7.3%), ind annuities (0.8%), ind health (0.6%), other (48.3%)
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
ACLI Acquisition Co
Investment Rating
--
Company Address
17900 N Laurel Park Drive
Livonia, MI 48152
Phone Number
(734) 779-2600
NAIC Number
71854
Website
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Largest Affiliates
B
Harrison, NY - L&A
Weiss Ratings