Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10). Good quality investment portfolio (5.9) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.3).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (7.6%), ind annuities (1.2%), other (91.1%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
(203) 752-4000
NAIC Number
58033
Largest Affiliates
No affiliate information available.