Major Rating Factors:
Poor capitalization (2.5 on a scale of 0 to 10) based on weak risk adjusted capital (moderate loss scenario). Low quality investment portfolio (1.4) containing large exposure to mortgages . Mortgage default rate has been low. Weak overall results on stability tests (2.4) including weak risk adjusted capital in prior years and Weak risk diversification with policies concentrated in only one line of business.
Other Rating Factors:
Excellent profitability (9.1) with operating gains in each of the last five years. Excellent Liquidity (7.1).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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.
Principal Lines of Business:
Ind annuities (99.5%), other (0.5%)
Licensed in:
AL, AZ, AR, DC, GA, IL, IN, KY, MA, MS, MT, NM, OH, PA, RI, TN, TX, 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
1333 W MCDERMOTT DR SUITE 200
Allen, TX 75013
Allen, TX 75013
Phone Number
(855) 966-1111
NAIC Number
99600
Website
Largest Affiliates
No affiliate information available.
