Major Rating Factors:
Fair quality investment portfolio (4.4 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 56% of capital. Fair overall results on stability tests (4.1). Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.2).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
NZC Captial LLC
Investment Rating
--
Company Address
One Security Benefit Place
Topeka, KS 66636
Topeka, KS 66636
Phone Number
(800) 888-2461
NAIC Number
68675
Website
Largest Affiliates