Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including fair financial strength of affiliated Industrial Alliance Ins & Financial. Fair quality investment portfolio (4.5). Good current capitalization (6.4) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range during the last year.
Other Rating Factors:
Good Liquidity (6.7). Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
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 NY, 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
Industrial Alliance Ins & Financial
Investment Rating
Company Address
425 AUSTIN AVENUE
WACO, TX 76701
WACO, TX 76701
Phone Number
(800) 736-7311
NAIC Number
91693
Largest Affiliates