Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10). Return on equity has been low, averaging -3.9%. Weak overall results on stability tests (2.2) including negative cash flow from operations for 2024. Strong overall capitalization (9.0) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years.
Other Rating Factors:
High quality investment portfolio (8.7). Excellent Liquidity (8.2).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (22.7%), group life (20.3%), other (57.0%)
Licensed in:
KY
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
Kentucky National Ins Group LLC
Investment Rating
--
Company Address
2709 Old Rosebud Road
Lexington, KY 40509
Lexington, KY 40509
Phone Number
(859) 264-0332
NAIC Number
60244
Website
Largest Affiliates