Major Rating Factors: Good quality investment portfolio (5.8 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good liquidity (6.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (6.5) excellent risk diversification.
Other Rating Factors: Strong capitalization (8.7) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.0) with operating gains in each of the last five years.
Stability Factors: 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 (14.1%), group health (9.7%), ind annuities (9.3%), group life (0.4%), group annuities (0.1%), other (66.3%)
Licensed in: All states except CA, DC, HI, NH, NJ, NY, VT, PR