Major Rating Factors:
Low quality investment portfolio (1.0 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to moderate junk bond exposure. Weak overall results on stability tests (2.5). Fair capitalization (3.0) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Fair profitability (4.0) with operating losses during 2022. Excellent Liquidity (7.0).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
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
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Phone Number
(773) 782-2600
NAIC Number
57630
Website
Largest Affiliates
No affiliate information available.