Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including fair financial strength of affiliated Optimum Group Inc and weak results on operational trends. Good overall profitability (6.1). Return on equity has been low, averaging 1.2%. Strong capitalization (9.5) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.2). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AZ, AR, MS, MO, NM, OK, TX
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
Optimum Group Inc
Investment Rating
--
Company Address
1345 River Bend Drive Ste 100
DALLAS, TX 75247
DALLAS, TX 75247
Phone Number
(214) 528-2020
NAIC Number
65960
Website
Largest Affiliates