Major Rating Factors:
Low quality investment portfolio (2.1 on a scale of 0 to 10) containing large exposure to mortgages . Mortgage default rate has been low. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.2).
Other Rating Factors:
Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.6).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
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:
AZ, 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
None
Investment Rating
--
Company Address
935 E MAIN STREET SUITE 100
MESA, AZ 85203
MESA, AZ 85203
Phone Number
(480) 835-5000
NAIC Number
91910
Largest Affiliates
No affiliate information available.