Major Rating Factors:
Fair overall capitalization (3.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Fair quality investment portfolio (4.6) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 79% of capital. Fair overall results on stability tests (3.1).
Other Rating Factors:
Good overall profitability (5.5) despite operating losses during 2022. Excellent Liquidity (7.0).
Stability Factors:
I - Past results on our Investment Safety Index.
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
None
Investment Rating
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Company Address
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Phone Number
(800) 992-1894
NAIC Number
56154
Website
Largest Affiliates
No affiliate information available.