Major Rating Factors:
Good Liquidity (6.7 on a scale of 0 to 10) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair quality investment portfolio (4.8). Fair overall results on stability tests (4.2).
Other Rating Factors:
Weak profitability (2.0) with operating losses during 2023. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
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 AK, CA, CT, DC, DE, HI, LA, MD, MT, NJ, NY, OK, RI, TX, WV, WY, 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
Auto-Owners Group
Investment Rating
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Company Address
6101 ANACAPRI BOULEVARD
LANSING, MI 48917
LANSING, MI 48917
Phone Number
(517) 323-1200
NAIC Number
61190
Website
Largest Affiliates