Over time, Liberty Bankers Group has demonstrated its strategic organic and inorganic growth capabilities through innovations and acquisitions. Liberty Bankers Group recorded its highest earnings to date in recent periods and AM Best expects the company to maintain current operating levels. Return on equity is approaching double digits and net income has remained positive. However, management has demonstrated the ability to manage these risks appropriately. AM Best notes as offsetting factors the group’s elevated exposure to NAIC 2 bonds, as well as its real estate and mortgage loan portfolios, which increases the company’s investment risk profile. While annuities remain the largest line of business, the life and health insurance lines now have become significant contributors to the group’s operating income. The upgrades also reflect the group’s continued diversification of operations. The rating upgrades are indicative of Liberty Bankers Group’s very strong balance sheet strength assessment, risk-adjusted capitalization, which has been assessed in the strongest category, as measured by Best’s Capital Adequacy Ratio (BCAR), and the company’s adequate reserves. The ratings reflect Liberty Bankers Group’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Medicare Supplement insurance underwritten by Washington National Insurance Company.Īll other lines of insurance are underwritten by Bankers Life and Casualty Company.OLDWICK, N.J.-( BUSINESS WIRE)- AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “bbb+” (Good) of Liberty Bankers Life Insurance Company (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group. Home Office: 111 East Wacker Drive, Suite 1900, Chicago, IL 60601 Bankers Life Securities Customer Call Center: (844) 553-9083. Investments are: Not Guaranteed-Involve Risk-May Lose Value. SEC Registered Investment Adviser (dba BL Advisory Services, Inc., AL, GA, IA, MT, NV, PA). Advisory products and services are offered by Bankers Life Advisory Services, Inc. Member FINRA/SIPC, (dba BL Securities, Inc., AL, GA, IA, IL, MI, NV, PA). Securities and variable annuity products and services are offered by Bankers Life Securities, Inc. Non-affiliated insurance products offered through Bankers Life Securities General Agency, Inc.
BCLIC is authorized to sell insurance in New York. A licensed insurance agent/producer may contact you.īankers Life is a marketing brand of various subsidiaries of CNO Financial Group, Inc., including Washington National Insurance Company, Bankers Life Securities, Inc., Bankers Life Advisory Services, Inc., Bankers Life and Casualty Company and select policies sold in New York by Bankers Conseco Life Insurance Company (BCLIC). Bankers Life and Casualty Company is not licensed in and does not solicit business in New York. These products and their features and riders may not be available in all states. For costs and complete details of coverage, contact the agent/producer. Policies may have limitations and exclusions. WASHINGTON NATIONAL, BANKERS LIFE AND THEIR LICENSED AGENTS/PRODUCERS ARE NOT CONNECTED WITH OR ENDORSED BY THE US GOVERNMENT OR THE FEDERAL MEDICARE PROGRAM. Medicare Supplement insurance policies are underwritten by Washington National Insurance Company. Based upon individuals' particular circumstances and objectives, they should seek specific advice from their own qualified and duly-licensed independent tax or legal advisors. The general and educational information here supports the sales, marketing or service of insurance policies. Insurers and their representatives are not permitted by law to offer tax or legal advice. This is not an application for insurance. Your information and use of this site is governed by our most recent Terms of Use and Privacy Policy. You understand that consent is not a condition of purchase. By clicking the ‘Submit’ button, you consent to receive calls, emails, or other communications about insurance options from K.F.
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