PLATEAU INS CO
Major Rating Factors:
Good overall results on stability tests (5.6 on a scale of 0 to 10) despite fair financial strength of affiliated Plateau Ins Group and negative cash flow from operations for 2022. Other stability subfactors include excellent operational trends and good risk diversification. Strong capitalization (9.9) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years. High quality investment portfolio (8.5).
Other Rating Factors:
Excellent profitability (8.1) with operating gains in each of the last five years. Excellent Liquidity (7.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
Principal Lines of Business:
Credit life (37.9%), ind health (36.0%), credit health (12.4%), group health (7.1%), group life (6.7%)
Licensed in:
All states except AK, HI, MA, NY, WY, PR
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
Plateau Ins Group
Investment Rating
--
Company Address
2701 NORTH MAIN STREET
CROSSVILLE, TN 38555
CROSSVILLE, TN 38555
Phone Number
(931) 484-8411
NAIC Number
97152
Website
Largest Affiliates