Major Rating Factors:
Fair capitalization (4.5 on a scale of 0 to 10) based on fair risk adjusted capital (moderate loss scenario). Fair profitability (4.0) with operating losses during 2024. Return on equity has been fair, averaging 9.4%. Weak Liquidity (0.0) as a spike in claims or a run on policy withdrawals may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (2.1). High quality investment portfolio (9.0).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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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
Prudential of America
Investment Rating
Company Address
751 Broad St
Newark, NJ 07102
Newark, NJ 07102
Phone Number
(877) 301-1212
NAIC Number
13809
Website
Largest Affiliates