By a News Reporter-Staff News Editor at Insurance Weekly News -- According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission (SEC) filing by Utg Inc. (Form 3) was posted on July 27, 2017.

The SIC code for this company is 6311, Life Insurance.

The SEC file number is 0001713234-17-000001.

The contact information for this company is PO BOX 13080, 5250 SOUTH SIXTH STREET ROAD, SPRINGFIELD IL 62791, 2173236300.

Our editors provided additional information about Form 3: Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the Commission a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4. The Annual Statement of beneficial ownership of securities is on Form 5. The forms contain information on the reporting person's relationship to the company and on purchases and sales of such equity securities.

A U.S. Securities and Exchange Commission filing is a formal document or financial statement submitted to the SEC by publicly-traded companies.

For additional information on this SEC filing see: http://www.sec.gov/Archives/edgar/data/1713234/0001713234-17-000001-index.html.

Keywords for this news article include: Utg Inc, SEC Filing, Life Insurance, Insurance Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

OLDWICK, N.J.--(BUSINESS WIRE)--
AM Best has assigned a Financial Strength Rating of A++ (Superior) and a Long-Term Issuer Credit Rating of “aa+” (Superior) to Lasso Healthcare Insurance Company (Lasso) (Indianapolis, IN). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect Lasso’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and very strong enterprise risk management (ERM).

The very strong balance sheet assessment reflects Lasso’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), as well as its conservative investment portfolio. The assessment also considers the financial support provided by its parent, HCC Life Insurance Company (HCC Life).

The adequate operating performance assessment reflects the historical performance of the established captive program medical stop-loss business that will transition to Lasso. Although Lasso has yet to issue policies under its current strategy, HCC Life has written the underlying business for approximately 15 years, during which it has generated positive operating results. Management expects profitability to continue through the initial transition and deployment on Lasso paper. The continuity of personnel, management and operating infrastructure should support a smooth transition of the business.

The very strong ERM assessment for Lasso reflects Lasso’s integration into the established ERM framework of HCC Life and the broader Tokio Marine organization. Lasso will utilize the same management, systems, economic modeling and risk-management infrastructure as HCC Life. Lasso also benefits from established reinsurance oversight and participates in a whole-account quota-share arrangement within the Tokio Marine organization.

Finally, the ratings also recognize the operational and financial support provided by Lasso’s parent, ultimate parent and affiliated entities within the Tokio Marine organization. By helping alleviate the channel conflict at HCC Life, Lasso now assumes a role in supporting Tokio Marine’s broader international strategy and diversification of revenues and customer segments.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260917024493/en/

Thomas Keelan
Financial Analyst

+1 908 882 1925

[email protected]

Edin Imsirovic
Director

+1 908 882 1903

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Christopher Sharkey
Associate Director, Public Relations

+1 908 882 2310

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Al Slavin
Senior Public Relations Specialist

+1 908 882 2318

[email protected]

Source: AM Best