Major Rating Factors:
Good quality investment portfolio (5.7 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Strong capitalization (9.1) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (7.0) with operating gains in each of the last five years. Excellent overall results on stability tests (7.4) excellent operational trends and excellent risk diversification.
Stability Factors:
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (8.3%), ind health (0.7%), group life (0.6%), group annuities (0.2%), group health (0.2%), other (90.0%)
Licensed in:
AL, AR, CO, FL, GA, KY, LA, MS, NC, SC, TN, TX, VA
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
None
Investment Rating
--
Company Address
1401 Livingston Lane
Jackson, MS 39213
Jackson, MS 39213
Phone Number
(601) 981-7422
NAIC Number
68896
Website
Largest Affiliates
No affiliate information available.