Major Rating Factors:
Low quality investment portfolio (1.6 on a scale of 0 to 10) containing large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Weak overall results on stability tests (2.8) including weak risk adjusted capital in prior years. Good capitalization (5.0) based on good risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Excellent profitability (8.0). Excellent Liquidity (7.1).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (88.7%), ind health (10.6%), other (0.6%)
Licensed in:
All states except NJ, NY, 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
SILAC LLC
Investment Rating
--
Company Address
3 TRIAD CENTER
CARMEL, IN 46290
CARMEL, IN 46290
Phone Number
(317) 208-2200
NAIC Number
62952
Website
Largest Affiliates