Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Weak overall results on stability tests (2.2). Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (7.8). Excellent Liquidity (8.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AL, CT, HI, IA, ME, MA, NH, NJ, NM, NY, RI, VT, WY, PR
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
None
Investment Rating
--
Company Address
673 EAST CHERRY LANE
SOUDERTON, PA 18964
SOUDERTON, PA 18964
Phone Number
(215) 723-3044
NAIC Number
42129
Website
Largest Affiliates
No affiliate information available.