Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. 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 (10.0) with ample operational cash flow and liquid investments.
Other Rating Factors:
History of adequate reserve strength (6.0) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.8) despite.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except MI
Principal Investments:
Investment grade bonds (69.9%), non investment grade bonds (4.0%), cash (0.2%), other (25.8%)
Corporate Info
Group Affiliation
Verde Investments Inc
Investment Rating
--
Company Address
5430 LBJ Freeway
Dallas, TX 75240
Dallas, TX 75240
Phone Number
(602) 730-7046
NAIC Number
22250
Website
Largest Affiliates