Development
Major Rating Factors:
Good overall results on stability tests (6.5 on a scale of 0 to 10). Strengths that enhance stability include excellent historical risk adjusted capital and excellent risk diversification. Good quality investment portfolio (5.9) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to minimal holdings in junk bonds. Good Liquidity (5.9).
Other Rating Factors:
Strong capitalization (4.0) based on excellent risk adjusted capital (severe loss scenario). 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.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Ind annuities (2.0%), group life (1.7%), ind health (1.2%), other (95.0%)
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
American Family Ins Group
Investment Rating
--
Company Address
6000 AMERICAN PARKWAY
MADISON, WI 53783
MADISON, WI 53783
Phone Number
(608) 249-2111
NAIC Number
60399
Website
Largest Affiliates