Major Rating Factors:
Weak profitability (2.0 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 (2.2) including weak risk diversification due to a relatively small asset base. Good quality investment portfolio (5.3).
Other Rating Factors:
Strong capitalization (8.7) based on excellent risk adjusted capital (severe loss scenario). 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:
Other (100%)
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.