Major Rating Factors:
Good capitalization (5.7 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Good overall profitability (5.4) despite operating losses during 2022. Return on equity has been fair, averaging 5.6%. Good overall results on stability tests (5.2) despite fair risk adjusted capital in prior years excellent operational trends and excellent risk diversification.
Other Rating Factors:
Fair quality investment portfolio (3.8). Fair Liquidity (4.2).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
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:
Ind annuities (85.5%), ind health (2.1%), group life (1.5%), other (10.8%)
Licensed in:
All states except CA, CT, FL, ID, KS, LA, ME, MA
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
Investments in Affiliates
Corporate Info
Group Affiliation
Reservoir Capital Group LLC
Investment Rating
--
Company Address
100 WEST 33RD STREET STE 1007
NEW YORK, NY 10119
NEW YORK, NY 10119
Phone Number
(212) 356-0300
NAIC Number
60176
Website
Largest Affiliates