Major Rating Factors:
Fair overall capitalization (4.0 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Nevertheless, capital levels have fluctuated during prior years. Fair quality investment portfolio (3.8) with large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Weak profitability (1.3).
Other Rating Factors:
Weak overall results on stability tests (2.9) including negative cash flow from operations for 2022. Good Liquidity (5.8).
Stability Factors:
F - Negative cash flow.
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 (4.5%), group annuities (0.3%), other (95.2%)
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
Wilton Re Holdings Ltd
Investment Rating
--
Company Address
800 WESTCHESTER AVE STE 641 N
RYE BROOK, NY 10573
RYE BROOK, NY 10573
Phone Number
(203) 762-4400
NAIC Number
60704
Website
Largest Affiliates