DIRECT GENERAL LIFE INS CO
Major Rating Factors:
Weak profitability (0.7 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak Liquidity (0.0) as a spike in claims may stretch capacity. Weak overall results on stability tests (0.1) including weak results on operational trends and negative cash flow from operations for 2023.
Other Rating Factors:
Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (9.6).
Stability Factors:
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except HI, NY, 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
National General Holdings Corporatio
Investment Rating
--
Company Address
911 Chestnut Street
Orangeburg, SC 29115
Orangeburg, SC 29115
Phone Number
(800) 526-0332
NAIC Number
97705
Website
Largest Affiliates