Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10). Good Liquidity (6.1) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (8.8) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.6).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, 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
Manhattan Life Group Inc
Investment Rating
--
Company Address
10777 Northwest Freeway
Houston, TX 77092
Houston, TX 77092
Phone Number
(713) 529-0045
NAIC Number
63053
Website
Largest Affiliates