EQUITABLE FINL LIFE INS CO OF AMER
Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including excessive premium growth. Good quality investment portfolio (5.9) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but no exposure to junk bonds. Good Liquidity (6.6) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (1.8) with operating losses during 2022. Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (51.1%), group health (8.4%), group life (4.9%), other (35.5%)
Licensed in:
All states except NY
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
AXA Financial Inc
Investment Rating
Company Address
3030 N Third Street Suite 790
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(201) 743-5073
NAIC Number
78077
Website
Largest Affiliates
