Major Rating Factors:
Good overall results on stability tests (5.0 on a scale of 0 to 10). Stability strengths include good operational trends and excellent risk diversification. Good Liquidity (6.3) with sufficient resources to handle a spike in claims. Fair profitability (4.0). Return on equity has been low, averaging 0.9%.
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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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
CUNA Mutual Ins Group
Investment Rating
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Company Address
2000 HERITAGE WAY
WAVERLY, IA 50677
WAVERLY, IA 50677
Phone Number
(608) 238-5851
NAIC Number
86126
Website
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Largest Affiliates