Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including fair financial strength of affiliated Americo Life Inc and negative cash flow from operations for 2023. Good capitalization (5.9) based on good risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years. Good Liquidity (6.9).
Other Rating Factors:
Low quality investment portfolio (2.8). Weak profitability (2.0) with operating losses during the first nine months of 2024.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
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 CT, FL, HI, ME, MI, MN, NH, NJ, NY, VT, 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
Americo Life Inc
Investment Rating
--
Company Address
PO Box 139061
Dallas, TX 75313
Dallas, TX 75313
Phone Number
(816) 391-2000
NAIC Number
87645
Website
Largest Affiliates