Major Rating Factors:
Good overall results on stability tests (5.9 on a scale of 0 to 10) despite fair financial strength of affiliated Torchmark Corp. Other stability subfactors include good operational trends, good risk adjusted capital for prior years and excellent risk diversification. Good quality investment portfolio (6.2) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (5.7).
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.2) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind health (65.5%), group health (29.3%), other (5.2%)
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
Torchmark Corp
Investment Rating
Company Address
10306 REGENCY PARKWAY DR
OMAHA, NE 68114
OMAHA, NE 68114
Phone Number
(972) 529-5085
NAIC Number
92916
Website
Largest Affiliates