Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but junk bond exposure equal to 72% of capital. Good overall profitability (5.9). Return on equity has been low, averaging 3.7%. Good liquidity (5.5).
Other Rating Factors:
Good overall results on stability tests (6.4) despite negative cash flow from operations for 2021 excellent operational trends and excellent risk diversification. Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Group life (20.0%), ind annuities (1.1%), group annuities (0.8%), other (78.1%)
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
Physicians Mutual Group
Investment Rating
--
Company Address
2600 Dodge Street
Omaha, NE 68131
Omaha, NE 68131
Phone Number
(402) 633-1000
NAIC Number
72125
Website
Largest Affiliates
