Major Rating Factors:
Fair profitability (3.1 on a scale of 0 to 10). Fair overall results on stability tests (3.3) including negative cash flow from operations for 2022. Good quality investment portfolio (5.1) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds.
Other Rating Factors:
Good Liquidity (6.8). Strong capitalization (9.5) 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.