PROVIDENT LIFE & ACCIDENT INS CO
Major Rating Factors:
Fair overall results on stability tests (3.6 on a scale of 0 to 10) including fair financial strength of affiliated Unum Group. Good quality investment portfolio (5.2) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (7.0). Excellent Liquidity (7.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (70.7%), group life (0.5%), other (28.8%)
Licensed in:
All states except 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
Unum Group
Investment Rating
Company Address
1 FOUNTAIN SQUARE
Chattanooga, TN 37402
Chattanooga, TN 37402
Phone Number
(423) 294-1011
NAIC Number
68195
Website
Largest Affiliates