NIAGARA LIFE & HEALTH INS CO
Major Rating Factors:
Good overall results on stability tests (6.4 on a scale of 0 to 10) despite excessive premium growth. Other stability subfactors include excellent operational trends and excellent risk diversification. Good overall profitability (5.1). Excellent expense controls. Return on equity has been low, averaging 2.6%. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.6). Excellent Liquidity (8.2).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Group health (81.9%), ind health (18.1%)
Licensed in:
CT, 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
Blue Cross Blue Shield of S Carolina
Investment Rating
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Company Address
300 Corporate Parkway
Williamsville, NY 14221
Williamsville, NY 14221
Phone Number
(803) 735-1251
NAIC Number
12285
Website
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Largest Affiliates