UNITED FUNERAL BENEFIT LIFE INS CO
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including weak financial strength of affiliated United Benefits Inc and negative cash flow from operations for 2023. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair capitalization (4.4) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Good quality investment portfolio (6.4). Good Liquidity (6.6).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
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:
OK
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
United Benefits Inc
Investment Rating
--
Company Address
351 S Sherman St Suite 102
Richardson, TX 75081
Richardson, TX 75081
Phone Number
(469) 330-2200
NAIC Number
79502
Largest Affiliates