Independent Life earns high marks from rating agencies designated and approved by the Securities and Exchange Commission: A by Egan-Jones and A- by KBRA. The rating agencies cite Independent Life’s high credit quality investment portfolio, the diversified experience of the company’s management team and demonstrated acceptance by key industry players.
With risk-based capital (RBC) ratios in line with structured settlement peers and without legacy liabilities or distractions from other product lines, Independent Life’s growth has been smart and consistent. The company, which S&P Global Market Intelligence recognized as the second fastest-growing life and annuity insurance company in 2019, grew by 3% in 2020, a year that saw the market shrink by 24%.
*As of January 1, 2022