Major Rating Factors:
Fair profitability (3.5 on a scale of 0 to 10). Return on equity has been low, averaging 4.4%. Fair overall results on stability tests (4.4). Strong overall capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years.
Other Rating Factors:
High quality investment portfolio (8.1). Excellent Liquidity (7.9).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (95.1%), credit health (1.5%), credit life (0.2%), other (3.2%)
Licensed in:
All states, the District of Columbia and Puerto Rico