Major Rating Factors:
Fair overall results on stability tests (3.3 on a scale of 0 to 10) including fair risk adjusted capital in prior years. Weak profitability (1.3) with operating losses during 2024. Return on equity has been low, averaging -16.8%. Good quality investment portfolio (5.6) 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:
Strong capitalization (9.4) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.2).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (67.3%), group life (32.7%)
Licensed in:
WI
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
45 NOB HILL ROAD
Madison, WI 53713
Madison, WI 53713
Phone Number
(800) 279-4000
NAIC Number
72273
Website
Largest Affiliates
No affiliate information available.