B
FORTITUDE LIFE INS & ANNTY CO
Rating Date
December 2023
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: 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
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
Prudential of America
Investment Rating
CG
Company Address
2929 N CENTRAL AVE STE 1700
PHOENIX, AZ 85012
Phone Number
(615) 981-8801
NAIC Number
86630
Largest Affiliates
Weiss Ratings