Major Rating Factors:
Good overall profitability index (5.1 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been low, averaging 2.4% over the past five years. 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. Ample reserve history (9.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Superior liquidity (9.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.3). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
CA
Principal Investments:
Investment grade bonds (77.3%), common stock (13.7%), real estate (1.3%), cash (1.1%), other (6.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3110 West Empire Avenue
Burbank, CA 91504
Burbank, CA 91504
Phone Number
(818) 565-5512
NAIC Number
36706
Website
Largest Affiliates
No affiliate information available.