FIRST UNUM LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) including fair financial strength of affiliated Unum Group. Good quality investment portfolio (5.5) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Weak profitability (2.1) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.1).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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
Unum Group
Investment Rating
Company Address
666 THIRD AVENUE SUITE 301
Garden City, NY 11530
Garden City, NY 11530
Phone Number
(207) 575-2211
NAIC Number
64297
Website
Largest Affiliates