LUMICO LIFE INSURANCE CO
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including negative cash flow from operations for 2023. Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Weak profitability (1.1) 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 (7.7).
Stability Factors:
F - Negative cash flow.
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
Swiss Re Limited
Investment Rating
--
Company Address
5025 N CENTRAL AVE SUITE 546
JEFFERSON CITY, MO 65109
JEFFERSON CITY, MO 65109
Phone Number
(914) 828-8000
NAIC Number
73504
Website
Largest Affiliates