Major Rating Factors:
Low quality investment portfolio (0.8 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to junk bond exposure equal to 85% of capital. Weak overall results on stability tests (2.3) including weak risk adjusted capital in prior years. Fair capitalization (3.0) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Good overall profitability (5.7). 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:
Ind annuities (64.3%), other (35.7%)
Licensed in:
AZ, AR, CA, CO, CT, DC, IL, IN, IA, KS, KY, MI, MN, MS, MT, OH, PA, TN, 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
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Company Address
2439 Glenwood Ave
Joliet, IL 60435
Joliet, IL 60435
Phone Number
(800) 843-5755
NAIC Number
56227
Website
Largest Affiliates
No affiliate information available.
