PERFORMANCE LIFE OF AMERICA
Major Rating Factors:
Good overall profitability (6.8 on a scale of 0 to 10). Excellent expense controls. Return on equity has been fair, averaging 7.1%. Fair overall results on stability tests (4.6) including fair financial strength of affiliated LDS Group and negative cash flow from operations for 2022. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (7.9). Excellent Liquidity (9.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Credit life (89.4%), credit health (10.6%)
Licensed in:
LA
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
LDS Group
Investment Rating
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Company Address
9016 BLUEBONNET BOULEVARD
BATON ROUGE, LA 70810
BATON ROUGE, LA 70810
Phone Number
(225) 769-9923
NAIC Number
97209
Website
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Largest Affiliates