Major Rating Factors:
Good quality investment portfolio (5.7 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.1) despite excessive premium growth excellent risk diversification.
Other Rating Factors:
Weak profitability (2.0) with operating losses during 2023. Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
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 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
3800 N CENTRAL AVE STE 460
PHOENIX, AZ 85021
PHOENIX, AZ 85021
Phone Number
(949) 219-3011
NAIC Number
97268
Website
Largest Affiliates