FORTITUDE LIFE INS & ANNTY CO
Major Rating Factors:
Fair overall capitalization (4.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years. Fair profitability (4.8) with operating losses during 2022. Fair overall results on stability tests (3.6).
Other Rating Factors:
Good quality investment portfolio (5.4). Good Liquidity (6.7).
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:
Ind annuities (96.5%), other (3.5%)
Licensed in:
All states except NY