CATHOLIC UNITED FINANCIAL
Major Rating Factors:
Low quality investment portfolio (1.6 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to junk bond exposure equal to 69% of capital. Weak profitability (1.9) with operating losses during 2022. Weak overall results on stability tests (1.6).
Other Rating Factors:
Good capitalization (3.0) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (7.0).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (62.8%), ind health (2.0%), other (35.2%)
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
3499 Lexington Ave N
Arden Hills, MN 55126
Arden Hills, MN 55126
Phone Number
(651) 490-0170
NAIC Number
57053
Largest Affiliates
No affiliate information available.
