Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including potential financial drain due to affiliation with Nassau Reinsurance Group Holdings LP. Weak profitability (1.8). Return on equity has been low, averaging -3.4%. Fair quality investment portfolio (3.2).
Other Rating Factors:
Good capitalization (5.2) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (9.1).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (85.6%), ind health (8.2%), group life (2.2%), group health (1.2%), other (2.9%)
Licensed in:
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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
Nassau Reinsurance Group Holdings LP
Investment Rating
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Company Address
One American Row
Hartford, CT 6103
Hartford, CT 6103
Phone Number
(860) 403-5000
NAIC Number
93734
Website
Largest Affiliates
