Major Rating Factors:
Weak profitability (0.4 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging -68.7%. Weak overall results on stability tests (0.5) including weak results on operational trends, Weak risk diversification and negative cash flow from operations for 2024. Good Liquidity (6.6) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Strong capitalization (7.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.2).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (85.9%), ind health (13.9%), other (0.1%)
Licensed in:
AZ, AR, DC, IL, IN, IA, MD, MS, MO, PA, WV
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
24 WEST CAMELBACK AVENUE #A546
Phoenix, AZ 85004
Phoenix, AZ 85004
Phone Number
(800) 510-5188
NAIC Number
89427
Website
Largest Affiliates
No affiliate information available.