Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.3). Good quality investment portfolio (5.0) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings.
Other Rating Factors:
Good Liquidity (6.7). Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except CT, ME, NY, VT, 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
PO Box 139061
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(844) 522-7924
NAIC Number
67180
Website
Largest Affiliates
No affiliate information available.