Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) including excessive premium growth and fair risk adjusted capital in prior years. Good quality investment portfolio (6.3) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (10.0).
Stability Factors:
G - Fast asset or premium growth.
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
Nationwide Mutual Group
Investment Rating
--
Company Address
350 NORTH ST PAUL STREET
DALLAS, TX 75201
DALLAS, TX 75201
Phone Number
(614) 249-1545
NAIC Number
64017
Website
Largest Affiliates