Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) based on poor risk diversification due to the company's size. Weak profitability index (1.8) with modest operating losses during 2018, 2020 and 2022. Good capitalization (6.6) based on good current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
205 Lexington Avenue
New York, NY 10016
New York, NY 10016
Phone Number
(855) 951-2273
NAIC Number
12976
Website
Largest Affiliates
No affiliate information available.