PAN AMERICAN ASR CO
Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10). Strong overall capitalization (9.9) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. High quality investment portfolio (8.4) despite no exposure to mortgages and substantial holdings of BBB bonds but minimal holdings in junk bonds.
Other Rating Factors:
Excellent profitability (7.8) with operating gains in each of the last five years. Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, IA, ME, MA, NH, NY, RI, SD, VT, 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
Pan-American Life
Investment Rating
--
Company Address
PAN-AMERICAN LIFE CENTER 601
NEW ORLEANS, LA 70130
NEW ORLEANS, LA 70130
Phone Number
(504) 566-1300
NAIC Number
93459
Website
Largest Affiliates
