Major Rating Factors:
Weak profitability (2.5 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.5) including negative cash flow from operations for 2022 and weak results on operational trends. Fair capitalization (4.8) based on fair risk adjusted capital (severe loss scenario).
Other Rating Factors:
Fair quality investment portfolio (4.4). Good Liquidity (6.5).
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:
All states except CA, CT, ME, NH, NJ, NY, 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
None
Investment Rating
--
Company Address
210 E Second Avenue Suite 301
Rome, GA 30165
Rome, GA 30165
Phone Number
(706) 291-1054
NAIC Number
69132
Website
Largest Affiliates
No affiliate information available.