B
COMPANION LIFE INS CO OF CA
Rating Date
September 2025
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 Liquidity (6.8 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.5) including negative cash flow from operations for 2023. Weak profitability (2.0) with operating losses during the first nine months of 2024.
Other Rating Factors: Strong capitalization (9.8) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.7).
Stability Factors: F - Negative cash flow. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Other (100%)
Licensed in: AZ, CA, HI, MT, TX, WY
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
Blue Cross Blue Shield of SC
Investment Rating
--
Company Address
731 SANSOME STREET 2nd FLOOR
San Francisco, CA 94104
Phone Number
(803) 735-1251
NAIC Number
92444
Largest Affiliates
B
Columbia, SC - L&A
B
Williamsville, NY - L&A