PERFORMANCE LIFE OF AMERICA
Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) including negative cash flow from operations for 2023. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.4). Excellent Liquidity (8.8).
Stability Factors:
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:
Other (100%)
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
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NAIC Number
97209
Website
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Largest Affiliates