Major Rating Factors:
Good quality investment portfolio (5.3 on a scale of 0 to 10) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (5.8). Return on equity has been excellent over the last five years averaging 16.9%. Fair overall results on stability tests (4.2).
Other Rating Factors:
Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.7).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (92.6%), ind annuities (1.7%), ind health (1.3%), group health (0.6%), group life (0.4%), other (3.3%)
Licensed in:
All states except 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
AEGON USA Group
Investment Rating
--
Company Address
440 Mamaroneck Avenue
Harrison, NY 10528
Harrison, NY 10528
Phone Number
(914) 627-3630
NAIC Number
70688
Website
Largest Affiliates
