C
PRUDENTIAL LEGACY INS CO OF NJ
NewarkNJ
Rating Date
August 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair capitalization for the current period (4.9 on a scale of 0 to 10) based on fair risk adjusted capital (severe loss scenario) reflecting some improvement over results in 2018. Good overall profitability (5.4). Return on equity has been excellent over the last five years averaging 20.3%. Weak Liquidity (0.0).
Other Rating Factors: Weak overall results on stability tests (2.7) including weak risk adjusted capital in prior years. High quality investment portfolio (8.9).
Stability Factors: C - Past results on our Risk-Adjusted Capital tests. L - Past results on our liquidity tests.
Principal Lines of Business: Ind life (1.9%), other (98.1%)
Licensed in: --
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
Prudential of America
Investment Rating
PRU
Company Address
751 Broad St
Newark, NJ 07102
Phone Number
(877) 301-1212
NAIC Number
13809
Largest Affiliates
Weiss Ratings