Major Rating Factors:
Poor current capitalization (1.3 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario), although results have slipped from the fair range during the last year. Low quality investment portfolio (2.4) containing significant exposure to mortgages . Mortgage default rate has been low. Weak profitability (1.8) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Weak Liquidity (1.6). Weak overall results on stability tests (0.7) including weak risk adjusted capital in prior years and weak results on operational trends.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
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:
Other (100%)
Licensed in:
AZ, GA, LA, OH, OK, TX, UT, VA
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
CICO Holding Corp
Investment Rating
--
Company Address
2501 Parkview Drive Suite 610
SALT LAKE, UT 84109
SALT LAKE, UT 84109
Phone Number
(817) 339-7600
NAIC Number
88153
Website
Largest Affiliates