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. Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (9.2) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 23.5%.
Other Rating Factors:
Excellent liquidity (8.5) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.6) despite. The largest net exposure for one risk is acceptable at 2.7% of capital.
Stability Factors:
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:
All states and PR, VI
Principal Investments:
Investment grade bonds (94.7%), cash (4.8%), non investment grade bonds (0.5%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
18850 North 56th Street
Phoenix, AZ 85054
Phoenix, AZ 85054
Phone Number
(800) 228-6855
NAIC Number
27928
Website
Largest Affiliates
No affiliate information available.