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 (1.6) with operating losses during the first nine months of 2024. Weak overall results on stability tests (2.8) including weak results on operational trends.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.1).
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:
Other (100%)
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