Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10). Weak profitability (2.6) with investment income below regulatory standards in relation to interest assumptions of reserves. Good quality investment portfolio (5.9) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds.
Other Rating Factors:
Good Liquidity (6.6). Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AZ, CO, NM, OK, 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
3910 RR 620 SOUTH
AUSTIN, TX 78738
AUSTIN, TX 78738
Phone Number
(512) 263-6977
NAIC Number
83160
Website
Largest Affiliates
No affiliate information available.