SWISS RE LIFE & HEALTH AMER INC
Major Rating Factors:
Good overall results on stability tests (5.0 on a scale of 0 to 10) despite fair financial strength of affiliated Swiss Reinsurance Group and negative cash flow from operations for 2022. Other stability subfactors include good operational trends and excellent risk diversification. Good quality investment portfolio (6.5) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.1).
Other Rating Factors:
Fair profitability (4.3) with operating losses during 2022. Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (7.8%), group health (5.9%), other (86.3%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
Swiss Reinsurance Group
Investment Rating
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Company Address
237 EAST HIGH STREET
JEFFERSON CITY, MO 65109
JEFFERSON CITY, MO 65109
Phone Number
(877) 794-7773
NAIC Number
82627
Website
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Largest Affiliates
