RENAISSANCE L&H INS CO OF NY
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including fair financial strength of affiliated Renaissance Health Service Corporati and negative cash flow from operations for 2024. Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital has steadily grown over the last five years. High quality investment portfolio (7.3).
Other Rating Factors:
Excellent profitability (8.5) with operating gains in each of the last five years. Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (67.6%), group life (32.4%)
Licensed in:
--
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
Renaissance Health Service Corporati
Investment Rating
--
Company Address
--
Phone Number
(800) 745-7509
NAIC Number
15638
Largest Affiliates