Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) based on a steep decline in capital during 2022, fair risk diversification due to the company's size. Good overall profitability index (6.4) despite 2.4 million in losses in the current year. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (8.9) containing small junk bond exposure. Excellent liquidity (8.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
NY
Principal Enrollment Breakdown:
--
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
101 Dutch Meadows Lane
Glenville, NY 12302
Glenville, NY 12302
Phone Number
(518) 377-5144
NAIC Number
55271
Website
Largest Affiliates
No affiliate information available.