Major Rating Factors: Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.2). Stability strengths include excellent operational trends and excellent risk diversification. Fair quality investment portfolio (4.7).
Other Rating Factors: Fair profitability (4.1) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.3) 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: Ind annuities (2.6%), group life (0.7%), ind health (0.2%), other (96.6%)
Licensed in: AL, AR, FL, GA, LA, MS, MO, NC, SC, TN, VA