Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including negative cash flow from operations for 2022 and fair risk adjusted capital in prior years. Good capitalization (5.3) based on good risk adjusted capital (moderate loss scenario). Good quality investment portfolio (6.5).
Other Rating Factors:
Weak profitability (1.1) with operating losses during 2022. Excellent Liquidity (8.1).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (99.2%), other (0.8%)
Licensed in:
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
Brighthouse Financial Inc
Investment Rating
Company Address
200 Park Avenue
New York, NY 10017
New York, NY 10017
Phone Number
(212) 578-9500
NAIC Number
60992
Largest Affiliates
