Development
C
ANNUITY INVESTORS 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 (3.0 on a scale of 0 to 10) including negative cash flow from operations for 2023. Good quality investment portfolio (6.4) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors: Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (9.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. 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: Ind annuities (75.8%), group annuities (24.2%)
Licensed in: All states except NY, VT, 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 Financial Group Inc
Investment Rating
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Company Address
301 East Fourth Street
Cincinnati, OH 45202
Phone Number
(513) 361-9000
NAIC Number
93661
Website
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Largest Affiliates
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Cincinnati, OH - L&A
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WINDSOR, CT - L&A
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WINDSOR, CT - L&A
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