ASSURED LIFE ASSN
Major Rating Factors:
Low quality investment portfolio (2.9 on a scale of 0 to 10) containing large exposure to mortgages . Mortgage default rate has been low. Weak profitability (2.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.5).
Other Rating Factors:
Strong capitalization (3.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.0).
Stability Factors:
F - Negative cash flow.
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:
All states except AK, CT, DC, ME, MA, MN, NH, NY, VT, PR
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
--
Company Address
6030 Greenwood Plaza Blvd #100
CENTENNIAL, CO 80111
CENTENNIAL, CO 80111
Phone Number
(303) 792-9777
NAIC Number
56499
Website
Largest Affiliates
No affiliate information available.