Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated Torchmark Corp. Fair Liquidity (4.1) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Good quality investment portfolio (6.6).
Other Rating Factors:
Good overall profitability (6.1). Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (6.3%), other (93.7%)
Licensed in:
NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
Torchmark Corp
Investment Rating
Company Address
1020 SEVENTH NORTH ST STE 130
SYRACUSE, NY 13212
SYRACUSE, NY 13212
Phone Number
(315) 451-8180
NAIC Number
10093
Website
Largest Affiliates