Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including fair financial strength of affiliated Great West Life Asr and negative cash flow from operations for 2023. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.1). Excellent Liquidity (8.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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, the District of Columbia and Puerto Rico
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
Great West Life Asr
Investment Rating
--
Company Address
1787 Sentry Pkwy W Bldg 16
Blue Bell, PA 19422
Blue Bell, PA 19422
Phone Number
(215) 542-4301
NAIC Number
76694
Website
Largest Affiliates