GREATER GEORGIA LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (4.6 on a scale of 0 to 10) including negative cash flow from operations for 2022. Good quality investment portfolio (6.5) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.8) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Weak profitability (1.7). Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Group health (50.6%), group life (48.8%), other (0.6%)
Licensed in:
AL, GA, MS, NC, SC, TN, VA
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
Anthem Inc
Investment Rating
Company Address
3350 PEACHTREE ROAD
ATLANTA, GA 30308
ATLANTA, GA 30308
Phone Number
(317) 488-6716
NAIC Number
97217
Website
Largest Affiliates
