AUGUSTAR LIFE ASSURANCE CORP
Major Rating Factors:
Fair Liquidity (4.9 on a scale of 0 to 10) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (4.0). Good quality investment portfolio (5.6).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Ohio Natonal Mutual Inc
Investment Rating
--
Company Address
One Financial Way
Cincinnati, OH 45242
Cincinnati, OH 45242
Phone Number
(513) 794-6100
NAIC Number
89206
Website
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Largest Affiliates