Major Rating Factors:
History of adequate reserve strength (6.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.2) despite. Stability strengths include good operational trends and excellent risk diversification. Strong long-term capitalization index (8.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
Excellent profitability index (8.9) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 10.7%. Superior liquidity (9.5) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (87.3%), common stock (6.2%), cash (4.4%), preferred stock (0.2%), non investment grade bonds (0.1%), other (1.8%)
Corporate Info
Group Affiliation
Gsfs Holdings Inc
Investment Rating
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Company Address
1345 Enclave Parkway
Houston, TX 77077
Houston, TX 77077
Phone Number
(713) 580-3100
NAIC Number
12870
Website
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Largest Affiliates
No affiliate information available.