LOCOMOTIVE ENGRS&COND MUT PROT ASSN
Major Rating Factors:
Fair quality investment portfolio (3.0 on a scale of 0 to 10). Fair overall results on stability tests (4.0). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years.
Other Rating Factors:
Excellent profitability (7.1) with operating gains in each of the last five years. Excellent Liquidity (7.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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:
MI, NE, NM, 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
4000 Town Center Suite 1250
Southfield, MI 48075
Southfield, MI 48075
Phone Number
(800) 514-0010
NAIC Number
87920
Website
Largest Affiliates
No affiliate information available.