SENTINEL SECURITY LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including potential financial drain due to affiliation with Advantage Captial Partners LLC and weak risk adjusted capital in prior years. Fair quality investment portfolio (3.9) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Weak profitability (2.6) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Good capitalization (5.5) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
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:
Group health (49.4%), ind annuities (47.0%), ind health (2.5%), other (1.1%)
Licensed in:
All states except AK, CT, DC, ME, MA, MI, MO, NH, NJ, NY, TN, VT, VA, WV, WI, 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
Advantage Captial Partners LLC
Investment Rating
--
Company Address
1405 WEST 2200 SOUTH
SALT LAKE CITY, UT 84111
SALT LAKE CITY, UT 84111
Phone Number
(801) 484-8514
NAIC Number
68802
Website
Largest Affiliates