ALFA LIFE INS CORP
Major Rating Factors:
Fair quality investment portfolio (4.0 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 65% of capital. Fair overall results on stability tests (4.3). Good current capitalization (6.8) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year.
Other Rating Factors:
Good Liquidity (5.8). Weak profitability (1.9) with operating losses during 2022.
Stability Factors:
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (3.2%), group life (0.7%), ind health (0.1%), other (95.9%)
Licensed in:
AL, AR, FL, GA, LA, MS, MO, NC, SC, TN, VA
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
Alfa Ins Group
Investment Rating
--
Company Address
2108 East South Boulevard
Montgomery, AL 36116
Montgomery, AL 36116
Phone Number
(334) 288-3900
NAIC Number
79049
Website
Largest Affiliates