Major Rating Factors:
Fair overall capitalization (4.0 on a scale of 0 to 10) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years. Fair overall results on stability tests (3.0). Weak profitability (1.7) with operating losses during 2022.
Other Rating Factors:
Good quality investment portfolio (6.6). Excellent Liquidity (9.0).
Stability Factors:
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, 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
555 California St Ste 3200
Lansing, MI 48933
Lansing, MI 48933
Phone Number
(919) 246-3148
NAIC Number
67423
Website
Largest Affiliates
No affiliate information available.