Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 64% of capital. Fair overall results on stability tests (3.6). Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (7.3) despite modest operating losses during 2021. Excellent Liquidity (7.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (78.7%), group life (21.1%), other (0.2%)
Licensed in:
All states except NY
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
Unum Group
Investment Rating
Company Address
2211 CONGRESS STREET
Portland, ME 04122
Portland, ME 04122
Phone Number
(207) 575-2211
NAIC Number
62235
Website
Largest Affiliates