COLUMBUS LIFE INS CO
Major Rating Factors:
Fair quality investment portfolio (4.1 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 62% of capital. Exposure to mortgages is significant, but the mortgage default rate has been low. Fair Liquidity (4.9) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (4.5).
Other Rating Factors:
Weak profitability (2.1) with operating losses during 2022. Strong capitalization (7.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except 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
Western & Southern Group
Investment Rating
--
Company Address
400 EAST 4TH STREET
CINCINNATI, OH 45202
CINCINNATI, OH 45202
Phone Number
(513) 361-6700
NAIC Number
99937
Largest Affiliates