Major Rating Factors:
Low quality investment portfolio (1.5 on a scale of 0 to 10). Weak profitability (1.5) with operating losses during 2022. Weak overall results on stability tests (1.3) including negative cash flow from operations for 2022.
Other Rating Factors:
Fair capitalization (4.1) based on fair risk adjusted capital (moderate loss scenario). Good Liquidity (6.6).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
LA
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
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Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
2932 Renwick St
Monroe, LA 71201
Monroe, LA 71201
Phone Number
(318) 387-1000
NAIC Number
76805
Website
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Largest Affiliates
No affiliate information available.