B
WESTERN UNITED LIFE ASR CO
SpokaneWA
Rating Date
July 2025
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: Good capitalization (5.8 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Moreover, capital levels have been consistent over the last five years. Good Liquidity (5.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.0) excellent operational trends and excellent risk diversification.
Other Rating Factors: Fair quality investment portfolio (4.0). Fair profitability (3.8) with operating losses during 2022.
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: Other (100%)
Licensed in: All states except NY, PR
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
Manhattan Life Group Inc
Investment Rating
--
Company Address
929 West Sprague Ave
Spokane, WA 99201
Phone Number
(713) 529-0045
NAIC Number
85189
Largest Affiliates
B
Great Neck, NY - L&A
C
Houston, TX - L&A
B
Salt Lake City, UT - L&A