Major Rating Factors:
Good quality investment portfolio (6.6 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good overall profitability (6.3) although investment income, in comparison to reserve requirements, is below regulatory standards. Good Liquidity (5.9).
Other Rating Factors:
Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario). Excellent overall results on stability tests (7.5) excellent operational trends and excellent risk diversification.
Stability Factors:
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group health (39.0%), ind health (6.4%), group life (4.3%), ind annuities (0.1%), other (50.1%)
Licensed in:
All states except 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
Guardian Group
Investment Rating
--
Company Address
7 HANOVER SQUARE
NEW YORK, NY 10001
NEW YORK, NY 10001
Phone Number
(212) 598-8000
NAIC Number
64246
Website
Largest Affiliates