Major Rating Factors:
Fair profitability (4.8 on a scale of 0 to 10). Return on equity has been low, averaging -0.1%. Fair overall results on stability tests (3.4). Good quality investment portfolio (6.2) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.0).
Stability Factors:
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:
Group life (94.4%), ind annuities (4.2%), other (1.4%)
Licensed in:
All states except PR
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
Church Pension Fund
Investment Rating
--
Company Address
19 East 34th Street
New York, NY 10016
New York, NY 10016
Phone Number
(212) 592-1800
NAIC Number
61875
Website
Largest Affiliates