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 large holdings of BBB rated bonds but minimal holdings in junk bonds. Fair profitability (3.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair Liquidity (4.6).
Other Rating Factors:
Fair overall results on stability tests (4.9). Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
Principal Lines of Business:
Group annuities (25.9%), group life (2.1%), other (72.0%)
Licensed in:
CT, NJ, 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
Mutual Of Omaha Group
Investment Rating
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Company Address
888 VETERANS MEM HWY STE 515
MELVILLE, NY 11747
MELVILLE, NY 11747
Phone Number
(402) 342-7600
NAIC Number
62243
Website
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Largest Affiliates