Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (1.8) including weak results on operational trends. Fair quality investment portfolio (3.8) with large exposure to mortgages . Mortgage default rate has been low.
Other Rating Factors:
Good capitalization (5.1) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (8.6).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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.