Benefit Security Ins Co
Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is high at 3.0% of capital. Strong long-term capitalization index (8.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (9.5) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent profitability index (8.3). Excellent liquidity (8.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Fin guar/surety (100.0%)
Licensed in:
IL, IN
Principal Investments:
Investment grade bonds (54.6%), common stock (30.5%), preferred stock (5.3%), cash (4.3%), other (5.4%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1701 Golf Road
Rolling Meadows, IL 60008
Rolling Meadows, IL 60008
Phone Number
(847) 427-3460
NAIC Number
12987
Website
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Largest Affiliates
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