Major Rating Factors:
Good quality investment portfolio (6.2 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Weak Liquidity (0.8) as a spike in claims or a run on policy withdrawals may stretch capacity. Weak overall results on stability tests (2.9).
Other Rating Factors:
Strong overall capitalization (7.1) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.9) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (99.9%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
Investments in Affiliates
Corporate Info
Group Affiliation
Aetna Inc
Investment Rating
Company Address
151 FARMINGTON AVENUE
HARTFORD, CT 06156
HARTFORD, CT 06156
Phone Number
(800) 872-3862
NAIC Number
60054
Website
Largest Affiliates