Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including potential financial drain due to affiliation with Security National Life. Fair profitability (4.0). Return on equity has been low, averaging 0.1%. Good quality investment portfolio (5.2) with no exposure to mortgages and minimal holdings in junk bonds.
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
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Licensed in:
MS
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
Security National Life
Investment Rating
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Company Address
1044-B RIVER OAKS DRIVE
FLOWOOD, MS 39232
FLOWOOD, MS 39232
Phone Number
(801) 264-1060
NAIC Number
75531
Website
Largest Affiliates