C
DELAWARE LIFE INS CO
Rating Date
December 2023
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: Fair quality investment portfolio (4.7 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Fair overall results on stability tests (4.6). Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors: Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.1) with operating gains in each of the last five years.
Stability Factors: I - Past results on our Investment Safety Index.
Principal Lines of Business: Ind annuities (102.1%)
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
Delaware Life Partners LLC
Investment Rating
--
Company Address
1209 Orange Street
Wilmington, DE 19801
Phone Number
(781) 790-8600
NAIC Number
79065
Largest Affiliates
B
WILMINGTON, DE - L&A
C
Wilkes-Barre, PA - P&C
D
Dallas, TX - P&C
C
Wilkes-Barre, PA - P&C
Weiss Ratings