B
SWBC LIFE INS CO
Rating Date
November 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (6.8 on a scale of 0 to 10) with minimal exposure to mortgages and minimal holdings in junk bonds. Fair overall results on stability tests (4.0). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years.
Other Rating Factors: Excellent profitability (7.9) with operating gains in each of the last five years. Excellent Liquidity (8.4).
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (46.0%), group life (39.8%), other (14.2%)
Licensed in: AL, GA, LA, MI, OK, TN, TX, UT, 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
Southwest Business Corp
Investment Rating
--
Company Address
9311 San Pedro Ste 600
San Antonio, TX 78216
Phone Number
(210) 321-7361
NAIC Number
99538
Largest Affiliates
C
San Antonio, TX - P&C