Major Rating Factors:
Fair Liquidity (4.4 on a scale of 0 to 10) due, in part, to cash value policies that are subject to withdrawals with minimal or no penalty. Fair overall results on stability tests (3.4) including negative cash flow from operations for 2024, weak results on operational trends and fair risk adjusted capital in prior years. Good capitalization (5.3) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
Good quality investment portfolio (6.0). Good overall profitability (5.7).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (54.0%), other (46.0%)
Licensed in:
AR
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
None
Investment Rating
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Company Address
126 HAWTHORNE
Abilene, TX 79606
Abilene, TX 79606
Phone Number
(325) 695-3412
NAIC Number
73881
Website
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Largest Affiliates