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
--
Investments in Affiliates
Corporate Info
Group Affiliation
Trustmark Group Inc
Investment Rating
--
Company Address
126 SOUTH SWAN STREET
ALBANY, NY 12210
ALBANY, NY 12210
Phone Number
(847) 615-1500
NAIC Number
13653
Largest Affiliates