Major Rating Factors:
Good quality investment portfolio (6.3 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and substantial holdings of BBB bonds but minimal holdings in junk bonds. Fair overall results on stability tests (4.9). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent profitability (8.9) with operating gains in each of the last five years. Excellent Liquidity (8.1).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Credit health (69.0%), credit life (23.1%), group health (3.8%), ind health (0.4%), group life (0.4%), other (3.3%)
Licensed in:
All states except NY
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
Assurant Inc
Investment Rating
Company Address
11222 QUAIL ROOST DRIVE
MIAMI, FL 33157
MIAMI, FL 33157
Phone Number
(305) 253-2244
NAIC Number
60275
Website
Largest Affiliates