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 negative cash flow from operations for 2023. Good quality investment portfolio (5.6).
Other Rating Factors:
Good Liquidity (6.9). Strong capitalization (9.6) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AR, CA, IL, IN, IA, KY, MI, MO, NC, OH, PA, TN
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
7735 Loma Court
Fishers, IN 46038
Fishers, IN 46038
Phone Number
(317) 585-0400
NAIC Number
70955
Website
Largest Affiliates
No affiliate information available.