Major Rating Factors:
Weak overall results on stability tests (2.0 on a scale of 0 to 10) including weak risk diversification. The largest net exposure for one risk is excessive at 10.0% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (9.6) 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 (8.6) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.7%. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
NV
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
6720 B Rockledge Drive
Bethesda, MD 20817
Bethesda, MD 20817
Phone Number
(202) 468-8324
NAIC Number
13973
Website
Largest Affiliates
No affiliate information available.