SECURITY LIFE OF DENVER INS CO
Major Rating Factors:
Good capitalization (5.4 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Fair quality investment portfolio (3.7) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 69% of capital. Fair overall results on stability tests (3.6) including weak results on operational trends, negative cash flow from operations for 2022 and fair risk adjusted capital in prior years.
Other Rating Factors:
Weak profitability (1.9). Weak Liquidity (2.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (1.8%), group annuities (0.1%), other (98.1%)
Licensed in:
All states, the District of Columbia and Puerto Rico