Major Rating Factors:
Good current capitalization (6.2 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario) reflecting some improvement over results in 2018. Good overall profitability (6.3). Excellent expense controls. Return on equity has been good over the last five years, averaging 10.9%. Fair overall results on stability tests (4.3) including fair risk adjusted capital in prior years.
Other Rating Factors:
Fair quality investment portfolio (3.6). Weak Liquidity (2.3).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (100.0%)
Licensed in:
AZ, GA, OK, TX, UT
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
New Era Life Group
Investment Rating
--
Company Address
11720 Katy Freeway Suite 1700
Houston, TX 77079
Houston, TX 77079
Phone Number
(281) 368-7159
NAIC Number
81132
Website
--
Largest Affiliates
