Major Rating Factors:
Weak profitability (1.9 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Return on equity has been low, averaging -5.2%. Weak overall results on stability tests (1.7) including weak results on operational trends and negative cash flow from operations for 2023. Fair quality investment portfolio (3.8).
Other Rating Factors:
Good capitalization (6.4) based on good risk adjusted capital (severe loss scenario). Good Liquidity (6.9).
Stability Factors:
F - Negative cash flow.
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:
NE
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
121 S 13th St Suite 204
Lincoln, NE 68508
Lincoln, NE 68508
Phone Number
(402) 483-1776
NAIC Number
74233
Website
Largest Affiliates
No affiliate information available.