B
NEW ENGLAND LIFE INS CO
BostonMA
Rating Date
August 2024
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: Good quality investment portfolio (6.5 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good Liquidity (5.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair profitability (4.6) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors: Fair overall results on stability tests (4.5) including fair risk adjusted capital in prior years. Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (0.4%), other (99.6%)
Licensed in: All states except 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
Brighthouse Financial Inc
Investment Rating
BHF
Company Address
One Financial Plaza
Boston, MA 02110
Phone Number
(980) 365-7100
NAIC Number
91626
Largest Affiliates
B
Wilmington, DE - L&A
C
Weiss Ratings