Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) including fair financial strength of affiliated Trustmark Group Inc and excessive premium growth. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (8.6) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.9). Excellent Liquidity (7.2).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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
Trustmark Group Inc
Investment Rating
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Company Address
126 SOUTH SWAN STREET
ALBANY, NY 12210
ALBANY, NY 12210
Phone Number
(847) 615-1500
NAIC Number
13653
Largest Affiliates