Major Rating Factors:
Good overall results on stability tests (5.9 on a scale of 0 to 10) despite fair financial strength of affiliated Torchmark Corp. Other stability subfactors include excellent operational trends and excellent risk diversification. Fair profitability (4.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair Liquidity (4.3).
Other Rating Factors:
Strong capitalization (7.6) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.0).
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.
Principal Lines of Business:
Ind health (6.6%), group health (0.2%), other (93.3%)
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