Major Rating Factors:
Weak profitability (2.1 on a scale of 0 to 10) with operating losses during 2022. Weak overall results on stability tests (1.8). Strong overall capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years.
Other Rating Factors:
High quality investment portfolio (7.0). Excellent Liquidity (8.6).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
Principal Lines of Business:
Ind annuities (100.0%)
Licensed in:
AL, AK, AZ, AR, GA, LA, MA, MS, NE, NV, NM, ND, OH, OK, PA, TN, TX, WV, WY
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
--
Company Address
2701 N Main
KNOXVILLE, TN 37923
KNOXVILLE, TN 37923
Phone Number
(865) 444-0613
NAIC Number
60230
Website
Largest Affiliates
No affiliate information available.