Major Rating Factors:
Fair quality investment portfolio (4.1 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Fair overall results on stability tests (4.2). Weak profitability (2.0) with operating losses during the first nine months of 2024.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.2).
Stability Factors:
G - Fast asset or premium growth.
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:
All states except NY, 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
None
Investment Rating
--
Company Address
11001 Lakeline Blvd Ste 120
Austin, TX 78717
Austin, TX 78717
Phone Number
(866) 830-0607
NAIC Number
71404
Website
Largest Affiliates
No affiliate information available.