Major Rating Factors:
Fair quality investment portfolio (4.9 on a scale of 0 to 10). Good overall profitability (6.4). Return on equity has been good over the last five years, averaging 12.3%. Good Liquidity (6.9) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Weak overall results on stability tests (2.9) including fair financial strength of affiliated Unum Group, negative cash flow from operations for 2024 and weak results on operational trends. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (87.6%), group life (1.3%), other (11.1%)
Licensed in:
All states except 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
Unum Group
Investment Rating
Company Address
1 MERCANTILE STREET
Worcester, MA 01608
Worcester, MA 01608
Phone Number
(423) 294-1011
NAIC Number
67598
Website
Largest Affiliates