CATHOLIC UNITED FINANCIAL
Major Rating Factors:
Low quality investment portfolio (0.8 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to junk bond exposure equal to 57% of capital. Weak profitability (1.4) with operating losses during the first six months of 2024. Weak overall results on stability tests (1.6) including weak risk adjusted capital in prior years and negative cash flow from operations for 2023.
Other Rating Factors:
Fair capitalization (4.0) based on fair risk adjusted capital (moderate loss scenario). Fair Liquidity (3.5).
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:
Other (100%)
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.