Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including weak results on operational trends and negative cash flow from operations for 2024. Weak profitability (0.8) with operating losses during 2024. Return on equity has been low, averaging -41.9%. Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.1). Excellent Liquidity (9.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
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
Dayforward Life Insurance Company In
Investment Rating
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Company Address
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Phone Number
(888) 434-0228
NAIC Number
16849
Website
Largest Affiliates