B
TRUSTMARK LIFE INS CO OF NEW YORK
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good overall results on stability tests (5.3 on a scale of 0 to 10). Stability strengths include excellent operational trends and good risk diversification. Weak profitability (1.9) with operating losses during 2022. Return on equity has been low, averaging -5.8%. Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors: High quality investment portfolio (8.7). Excellent Liquidity (7.7).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business: Other (100%)
Licensed in: NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Trustmark Group Inc
Investment Rating
--
Company Address
126 SOUTH SWAN STREET
ALBANY, NY 12210
Phone Number
(847) 615-1500
NAIC Number
13653
Largest Affiliates
B
LAKE FOREST, IL - L&A
A
LAKE FOREST, IL - L&A
Weiss Ratings