Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good Liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.5) excellent risk diversification.
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
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
Pacific LifeCorp
Investment Rating
--
Company Address
6750 MERCY ROAD
OMAHA, NE 68106
OMAHA, NE 68106
Phone Number
(949) 219-3943
NAIC Number
67466
Website
Largest Affiliates