Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated Delaware Life Partners LLC. Good quality investment portfolio (6.4) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.9).
Other Rating Factors:
Weak profitability (2.5) with operating losses during 2022. Strong capitalization (8.9) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (95.9%), group life (0.7%), other (3.5%)
Licensed in:
CT, NY, RI
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
Delaware Life Partners LLC
Investment Rating
--
Company Address
1115 Broadway 12th Floor
New York, NY 10017
New York, NY 10017
Phone Number
(781) 790-8600
NAIC Number
72664
Website
Largest Affiliates
