TEXAS DIRECTORS LIFE INS CO
Major Rating Factors:
Good current capitalization (5.5 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario) reflecting some improvement over results in 2020. Good quality investment portfolio (5.5) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.4).
Other Rating Factors:
Fair overall results on stability tests (4.3) including negative cash flow from operations for 2023 and fair risk adjusted capital in prior years. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
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:
TX
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
GPM Life Group
Investment Rating
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Company Address
221 North East Loop 420
San Antonio, TX 78217
San Antonio, TX 78217
Phone Number
(210) 357-2222
NAIC Number
99546
Website
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Largest Affiliates