Major Rating Factors:
Good quality investment portfolio (6.0 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (6.5) excellent operational trends and excellent risk diversification.
Other Rating Factors:
Fair profitability (4.4) with operating losses during 2022. Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (91.5%), group annuities (7.5%), other (1.0%)
Licensed in:
All states except 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
Pacific LifeCorp
Investment Rating
--
Company Address
3800 N CENTRAL AVE STE 460
PHOENIX, AZ 85021
PHOENIX, AZ 85021
Phone Number
(949) 219-3011
NAIC Number
97268
Website
Largest Affiliates