B
COMPANION LIFE INS CO
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (5.4 on a scale of 0 to 10) with no exposure to mortgages and no exposure to junk bonds. Good Liquidity (6.9) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.7).
Other Rating Factors: Weak profitability (2.1) 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).
Stability Factors: I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: All states except CA, CT, HI, NJ, 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
Blue Cross Blue Shield of S Carolina
Investment Rating
--
Company Address
2501 Faraway Drive
Columbia, SC 29219
Phone Number
(803) 735-1251
NAIC Number
77828
Largest Affiliates
B
San Francisco, CA - L&A
B
Williamsville, NY - L&A