Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including Weak policy risk diversification and negative cash flow from operations for 2024. Fair quality investment portfolio (3.3). Fair profitability (3.6).
Other Rating Factors:
Fair Liquidity (3.3). Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
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 (80.6%), other (19.4%)
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
(215) 708-1000
NAIC Number
56766
Website
Largest Affiliates
No affiliate information available.