Major Rating Factors:
Fair quality investment portfolio (3.8 on a scale of 0 to 10) with significant exposure to mortgages . Mortgage default rate has been low. Weak profitability (1.1). Return on equity has been low, averaging -177.4%. Weak overall results on stability tests (2.9).
Other Rating Factors:
Good capitalization (5.6) based on good risk adjusted capital (severe loss scenario). Excellent Liquidity (7.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
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 (103.8%), ind health (0.9%)
Licensed in:
All states except CT, NH, NY, 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
SBLI USA Group
Investment Rating
--
Company Address
3800 N CENTRAL AVE STE 460
PHOENIX, AZ 85021
PHOENIX, AZ 85021
Phone Number
(212) 356-0300
NAIC Number
60183
Website
Largest Affiliates