TRANSAMERICA LIFE INS CO
Major Rating Factors:
Good current capitalization (5.9 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good quality investment portfolio (6.2) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (5.6) despite operating losses during 2022.
Other Rating Factors:
Good Liquidity (5.9). Fair overall results on stability tests (4.0) including excessive premium growth.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (44.2%), ind annuities (4.3%), ind health (3.6%), group health (2.9%), group life (1.2%), other (43.7%)
Licensed in:
All states except NY