Major Rating Factors:
Fair profitability index (3.6 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been low, averaging 4.5% over the past five years. Weak overall results on stability tests (2.8) including weak results on operational trends. 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.
Other Rating Factors:
Ample reserve history (9.1) that helps to protect the company against sharp claims increases. Superior liquidity (9.5) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
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 except MN
Principal Investments:
Investment grade bonds (36.4%), cash (28.4%), other (35.2%)
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
9797 Rombauer Road
Coppell, TX 75019
Coppell, TX 75019
Phone Number
(972) 580-4190
NAIC Number
30325
Website
Largest Affiliates
No affiliate information available.