Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) despite negative cash flow from operations for 2024. Stability strengths include excellent operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.3% of capital. Fair profitability index (4.3) with operating losses during 2023. Strong long-term capitalization index (9.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (67.1%), common stock (23.7%), non investment grade bonds (5.5%), cash (1.6%), other (2.0%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5302 Eastpark Blvd
Madison, WI 53718
Madison, WI 53718
Phone Number
(608) 824-1700
NAIC Number
22020
Website
Largest Affiliates
No affiliate information available.