Major Rating Factors:
Weak overall results on stability tests (2.6 on a scale of 0 to 10). Excellent profitability (7.2) despite a decline in earnings during 2023. Excellent capitalization index (8.1) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.7) containing small junk bond exposure. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NJ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Project Freedom Holdings LLC
Investment Rating
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Company Address
340 Commerce
Irvine, CA 92602
Irvine, CA 92602
Phone Number
(888) 273-2997
NAIC Number
11159
Website
Largest Affiliates