CLEAR SPRING LIFE & ANNTY CO
Major Rating Factors:
Good overall results on stability tests (5.8 on a scale of 0 to 10). Stability strengths include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. Good Liquidity (6.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair quality investment portfolio (4.5).
Other Rating Factors:
Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.3) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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 (98.2%), group annuities (1.5%), other (0.3%)
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
Sammons Enterprises Inc
Investment Rating
--
Company Address
2711 CENTERVILLE ROAD STE 400
WILMINGTON, DE 19801
WILMINGTON, DE 19801
Phone Number
(800) 990-7626
NAIC Number
83607
Website
Largest Affiliates
