Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) including fair financial strength of affiliated First Tower Group. Fair profitability (4.7). Return on equity has been low, averaging 1.9%. Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.7). Excellent Liquidity (7.7).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, IL, LA, MS, MO, TX
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
First Tower Group
Investment Rating
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Company Address
420 Liberty Park Court Bldg B
Flowood, MS 39232
Flowood, MS 39232
Phone Number
(601) 992-6886
NAIC Number
98736
Website
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Largest Affiliates