Major Rating Factors:
Good current capitalization (5.8 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario) reflecting some improvement over results in 2020. Good Liquidity (5.0) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair quality investment portfolio (4.4).
Other Rating Factors:
Fair overall results on stability tests (3.6) including negative cash flow from operations for 2023 and fair risk adjusted capital in prior years. Weak profitability (1.8) with operating losses during 2023.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
F - Negative cash flow.
G - Fast asset or premium growth.
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, the District of Columbia and Puerto Rico
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
Voya Financial Inc
Investment Rating
--
Company Address
8055 EAST TUFTS AVENUE STE 710
DENVER, CO 80231
DENVER, CO 80231
Phone Number
(929) 521-7921
NAIC Number
68713
Website
Largest Affiliates