Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated Industrial Alliance Ins & Financial. Fair quality investment portfolio (4.5). Fair profitability (4.2) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Good Liquidity (6.6). 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.
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:
Ind annuities (13.9%), ind health (3.1%), other (83.0%)
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