Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including excessive premium growth and weak risk diversification. The largest net exposure for one risk is excessive at 8.6% of capital. Fair profitability index (4.6) with operating gains in each of the last five years. Return on equity has been fair, averaging 7.9% over the past five years. History of adequate reserve strength (5.1) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (9.4) 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:
Reinsurance (100.0%)
Licensed in:
GA
Principal Investments:
Investment grade bonds (68.9%), common stock (21.6%), cash (0.6%), other (8.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2060 Powers Ferry Road, SE
Atlanta, GA 30339
Atlanta, GA 30339
Phone Number
(770) 432-1658
NAIC Number
13009
Website
Largest Affiliates
No affiliate information available.