Major Rating Factors:
Good Liquidity (6.6 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Good overall results on stability tests (6.3) despite negative cash flow from operations for 2022. Strengths include good financial support from affiliation with Fidelity Security Group, excellent operational trends and excellent risk diversification. Fair quality investment portfolio (3.8).
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.8) with operating gains in each of the last five years.
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group health (97.0%), ind health (2.5%), ind annuities (0.5%)
Licensed in:
MS, NY
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
Fidelity Security Group
Investment Rating
--
Company Address
162 Prospect Hill Rd Ste 101A
Brewster, NY 10509
Brewster, NY 10509
Phone Number
(800) 821-7303
NAIC Number
67288
Website
Largest Affiliates