AMER MONUMENTAL LIFE INS CO
Major Rating Factors:
Fair capitalization (3.4 on a scale of 0 to 10) based on fair risk adjusted capital (severe loss scenario). Fair overall results on stability tests (3.7) including fair risk adjusted capital in prior years. Good Liquidity (5.3) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Low quality investment portfolio (1.4). Weak profitability (1.5) with operating losses during 2022.
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.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (2.1%), ind life (1.7%), other (96.2%)
Licensed in:
LA
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
--
Company Address
833 Government Street
Baton Rouge, LA 70809
Baton Rouge, LA 70809
Phone Number
(469) 522-4400
NAIC Number
76767
Website
Largest Affiliates