Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including weak risk diversification due to a relatively small asset base. Good quality investment portfolio (5.3) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Strong capitalization (8.7) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (8.3) with operating gains in each of the last five years. Excellent Liquidity (7.8).
Stability Factors:
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:
Ind health (48.6%), other (51.4%)
Licensed in:
AZ, MT, NE, NV, ND, SD
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
827 28th Street SW Unit C
Fargo, ND 58103
Fargo, ND 58103
Phone Number
(701) 235-6653
NAIC Number
69329
Website
Largest Affiliates
No affiliate information available.