Major Rating Factors:
Good Liquidity (6.2 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.3) including excessive premium growth, weak results on operational trends and negative cash flow from operations for 2023. Weak profitability (1.1) with operating losses during 2023.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (9.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
G - Fast asset or premium growth.
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
Aflac Incorporated
Investment Rating
Company Address
1833 SOUTH MORGAN ROAD
Omaha, NE 68114
Omaha, NE 68114
Phone Number
(706) 243-8708
NAIC Number
92908
Website
Largest Affiliates