Highly diversified company offering life and annuity products, wealth management and asset management services, and auto and home insurance Well-established distribution network with almost 9,900 financial advisors Strong and well-diversified earnings profile Low country and industry risk Very strong capital redundancy maintained at the life insurance company Intermediate risk position with a moderate proportion of risky assets to total adjusted capital (TAC) Strong financial flexibility supported by solid fixed charge coverage, albeit it with high financial leverage Tightly managed liquidity profile due to a significant amount of liabilities with low or no surrender charges The U.S. Dept. of Labor's (DoL) new fiduciary standard for retirement investment advice providers possibly affecting operating results Holding company rating adjusted upward one notch due
