Major Rating Factors: Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair profitability (3.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Excellent overall results on stability tests (7.9) excellent operational trends and excellent risk diversification.
Other Rating Factors: Strong capitalization (9.4) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.1).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. I - Past results on our Investment Safety Index.
Principal Lines of Business: Ind annuities (4.1%), other (95.9%)
Licensed in: CT, IL, NY, WI