Major Rating Factors:
Good overall profitability (6.1 on a scale of 0 to 10). Return on equity has been low, averaging 4.3%. Fair overall results on stability tests (3.7) including weak results on operational trends and negative cash flow from operations for 2024. Strong current capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
High quality investment portfolio (7.9). Excellent Liquidity (9.3).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (95.8%), ind annuities (2.4%), other (1.8%)
Licensed in:
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
Sentry Ins Group
Investment Rating
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Company Address
220 SALINA MEADOWS PARKWAY
SYRACUSE, NY 13212
SYRACUSE, NY 13212
Phone Number
(315) 453-6301
NAIC Number
68829
Website
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Largest Affiliates