Major Rating Factors:
Weak profitability (2.0 on a scale of 0 to 10) with operating losses during 2023. Weak overall results on stability tests (0.8) including weak risk diversification due to a relatively small asset base. Fair capitalization (3.9) based on fair risk adjusted capital (severe loss scenario).
Other Rating Factors:
Fair quality investment portfolio (3.2). Good Liquidity (6.0).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
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:
LA
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
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Company Address
117 E Shankland
Jennings, LA 70546
Jennings, LA 70546
Phone Number
(337) 478-8687
NAIC Number
69055
Website
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Largest Affiliates
No affiliate information available.