Major Rating Factors:
Low quality investment portfolio (2.4 on a scale of 0 to 10). Weak profitability (0.7) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak Liquidity (0.7) as a spike in claims may stretch capacity.
Other Rating Factors:
Weak overall results on stability tests (0.4) including weak results on operational trends and negative cash flow from operations for 2022. Good capitalization (5.1) based on good risk adjusted capital (severe loss scenario).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
GA, MS, SC
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
Delta Group
Investment Rating
--
Company Address
4370 PEACHTREE ROAD NE
ATLANTA, GA 30319
ATLANTA, GA 30319
Phone Number
(404) 231-2111
NAIC Number
62650
Website
Largest Affiliates