Major Rating Factors:
Fair current capitalization (3.9 on a scale of 0 to 10) based on mixed results -- excessive policy leverage mitigated by fair risk adjusted capital (moderate loss scenario), although results have slipped from the good range over the last year. Fair overall results on stability tests (3.8) including excessive premium growth and fair risk adjusted capital in prior years. Good Liquidity (6.7).
Other Rating Factors:
Weak profitability (2.3) with investment income below regulatory standards in relation to interest assumptions of reserves. High quality investment portfolio (7.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
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:
Ind health (100.0%)
Licensed in:
All states except 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
Unum Group
Investment Rating
Company Address
2211 CONGRESS STREET
Portland, ME 04122
Portland, ME 04122
Phone Number
(423) 294-1011
NAIC Number
67601
Website
Largest Affiliates