Development 1
AMERICAN HERITAGE LIFE INS CO
Major Rating Factors:
Fair quality investment portfolio (4.0 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 52% of capital. Fair Liquidity (4.8) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Fair overall results on stability tests (4.1).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group health (63.1%), ind health (15.5%), group life (14.5%), other (6.9%)
Licensed in:
All states except NY
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
Allstate Group
Investment Rating
--
Company Address
1776 AMERICAN HERITAGE LIFE DR
JACKSONVILLE, FL 32224
JACKSONVILLE, FL 32224
Phone Number
(904) 992-1776
NAIC Number
60534
Website
Largest Affiliates