Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including weak results on operational trends and negative cash flow from operations for 2024. Fair profitability (4.1). Return on equity has been low, averaging 3.1%. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.8). Excellent Liquidity (10.0).
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:
Ind health (19.1%), group life (0.2%), other (80.7%)
Licensed in:
AL, AR, FL, GA, IL, KS, KY, LA, MS, MO, NC, OK, SC, TN, TX
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
4785 I-55 North Suite 200
Flowood, MS 39232
Flowood, MS 39232
Phone Number
(601) 981-4920
NAIC Number
77976
Website
Largest Affiliates
No affiliate information available.