Major Rating Factors: Good overall results on stability tests (6.4 on a scale of 0 to 10) despite fair financial strength of affiliated Blackstone Investor Group. Strengths that enhance stability include excellent risk diversification. Strong capitalization (9.0) based on excellent risk adjusted capital (severe loss scenario). Furthermore, this high level of risk adjusted capital has been consistently maintained over the last five years. High quality investment portfolio (8.7).
Other Rating Factors: Excellent profitability (8.3) with operating gains in each of the last five years. Excellent liquidity (8.1).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind health (98.3%), other (1.7%)
Licensed in: All states except NJ, NY, VT, PR