Major Rating Factors:
Weak profitability (1.9 on a scale of 0 to 10). Excellent expense controls. Return on equity has been low, averaging -5.5%. Weak overall results on stability tests (2.2) including negative cash flow from operations for 2022. Fair quality investment portfolio (4.9).
Other Rating Factors:
Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (8.9).
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.