Major Rating Factors:
Good overall capitalization (5.7 on a scale of 0 to 10) based on good risk adjusted capital (moderate loss scenario). Nevertheless, capital levels have fluctuated during prior years. Good quality investment portfolio (5.1) despite significant exposure to mortgages . Mortgage default rate has been low. substantial holdings of BBB bonds in addition to small junk bond holdings. Good Liquidity (5.3).
Other Rating Factors:
Fair overall results on stability tests (4.9) including fair financial strength of affiliated Zurich Financial Services Group. Fair profitability (4.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (3.0%), ind annuities (0.6%), other (96.4%)
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
Zurich Financial Services Group
Investment Rating
--
Company Address
3003 77TH AVENUE SOUTHEAST
BELLEVUE, WA 98005
BELLEVUE, WA 98005
Phone Number
(206) 232-8400
NAIC Number
63177
Website
Largest Affiliates