POLISH FALCONS OF AMERICA
Major Rating Factors:
Poor current capitalization (0.0 on a scale of 0 to 10) based on weak risk adjusted capital (severe loss scenario), although results have slipped from the fair range during the last year. Low quality investment portfolio (2.5). Weak profitability (0.6) with operating losses during the first nine months of 2024.
Other Rating Factors:
Weak Liquidity (2.1). Weak overall results on stability tests (0.0) including excessive premium growth, negative cash flow from operations for 2023 and weak results on operational trends.
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:
Other (100%)
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
--
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.