Major Rating Factors:
Poor overall capitalization (0.0 on a scale of 0 to 10) based on excessive policy leverage and weak risk adjusted capital (severe loss scenario). Low quality investment portfolio (0.4) containing large holdings of BBB rated bonds in addition to moderate junk bond exposure. Weak profitability (0.8) with operating losses during 2024.
Other Rating Factors:
Weak Liquidity (0.0). Weak overall results on stability tests (0.0) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2024.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (84.5%), other (15.5%)
Licensed in:
CA, CO, CT, DC, FL, IL, IN, IA, KS, MD, MI, MN, MO, NE, NJ, NY, OH, PA, TX, VA, WI
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
122 W 22nd St
Lombard, IL 60148
Lombard, IL 60148
Phone Number
(630) 472-0500 4304
NAIC Number
56138
Website
Largest Affiliates
No affiliate information available.