Development
C
AMERICAN LIFE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.9 on a scale of 0 to 10). Good overall capitalization (5.6) based on good risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Low quality investment portfolio (2.8).
Other Rating Factors: Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Excellent Liquidity (8.7).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Group health (15.1%), ind health (10.9%), credit health (3.6%), credit life (0.9%), ind annuities (0.8%), group annuities (0.3%), other (68.4%)
Licensed in: DE
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
MetLife Inc
Investment Rating
MET
Company Address
1209 Orange Street
Wilmington, DE 19801
Phone Number
(302) 594-2000
NAIC Number
60690
Largest Affiliates
C
New York, NY - L&A
B
B
Wilmington, DE - L&A
U
Sydney, Australia, - L&A