SYMETRA NATIONAL LIFE INS CO
Major Rating Factors:
Good overall results on stability tests (5.9 on a scale of 0 to 10) despite fair financial strength of affiliated Sumitomo Life Ins Company. Other stability subfactors include good operational trends and good risk diversification. Fair profitability (4.1) with operating losses during 2022. Return on equity has been low, averaging 1.1%. Strong capitalization (9.2) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.9). Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, HI, ME, MA, NH, NJ, NY, RI, VT, WY, 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
Sumitomo Life Ins Company
Investment Rating
--
Company Address
4125 WESTOWN PARKWAY SUITE 102
WEST DES MOINES, IA 50266
WEST DES MOINES, IA 50266
Phone Number
(425) 256-8000
NAIC Number
90581
Website
Largest Affiliates