UNTD TRANSPORTATION UNION INS
Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including negative cash flow from operations for 2024. Good quality investment portfolio (6.6) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.6) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.9).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (41.6%), ind annuities (8.2%), other (50.2%)
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) 227-5200
NAIC Number
56413
Website
Largest Affiliates
No affiliate information available.