Major Rating Factors:
Fair quality investment portfolio (4.9 on a scale of 0 to 10). Fair profitability (4.1) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair overall results on stability tests (3.2) including negative cash flow from operations for 2024.
Other Rating Factors:
Weak Liquidity (2.2). Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
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 (81.5%), other (18.5%)
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
(216) 464-8015
NAIC Number
56332
Website
Largest Affiliates
No affiliate information available.