Major Rating Factors:
Good quality investment portfolio (5.9 on a scale of 0 to 10) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good overall profitability (5.7) although investment income, in comparison to reserve requirements, is below regulatory standards. Fair overall results on stability tests (4.9).
Other Rating Factors:
Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.2).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (49.5%), group life (10.8%), other (39.7%)
Licensed in:
All states except PR
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
TIAA
Investment Rating
--
Company Address
730 THIRD AVENUE
NEW YORK, NY 10017
NEW YORK, NY 10017
Phone Number
(212) 490-9000
NAIC Number
60142
Website
Largest Affiliates