FIRST CATHOLIC SLOVAK UNION
Major Rating Factors:
Weak overall results on stability tests (2.9 on a scale of 0 to 10). Good quality investment portfolio (6.0) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (5.2) with sufficient resources to cover a large increase in policy surrenders.
Other Rating Factors:
Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (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:
Ind annuities (96.7%), other (3.3%)
Licensed in:
--
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
--
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
--
Phone Number
(216) 642-9406
NAIC Number
56340
Website
Largest Affiliates
No affiliate information available.