POLISH FALCONS OF AMERICA
Major Rating Factors:
Poor capitalization (2.0 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario). Weak profitability (1.0) with operating losses during 2024. Weak Liquidity (0.0) based on large exposure to policies that are subject to policyholder withdrawals with minimal or no penalty.
Other Rating Factors:
Weak overall results on stability tests (0.2) including weak risk adjusted capital in prior years, weak results on operational trends and negative cash flow from operations for 2024. Good quality investment portfolio (5.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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 (34.6%), ind health (8.1%), other (57.3%)
Licensed in:
CT, IL, IN, MA, MI, NJ, NY, PA, WI
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
381 Mansfield Ave
Pittsburgh, PA 15220
Pittsburgh, PA 15220
Phone Number
(412) 922-2244
NAIC Number
56820
Website
Largest Affiliates
No affiliate information available.