Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10) including negative cash flow from operations for 2024. Good quality investment portfolio (5.8) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.6) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (9.1) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.3).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (40.7%), ind annuities (0.3%), other (59.0%)
Licensed in:
All states except AK, DC, HI, 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
None
Investment Rating
--
Company Address
300 SW Adams Street
Peoria, IL 61634
Peoria, IL 61634
Phone Number
--
NAIC Number
64580
Website
Largest Affiliates
No affiliate information available.