Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good overall profitability (6.9). Excellent expense controls. Return on equity has been fair, averaging 8.7%. Good Liquidity (6.8).
Other Rating Factors:
Good overall results on stability tests (6.3) excellent operational trends and excellent risk diversification. Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Group health (76.6%), group life (23.3%)
Licensed in:
AL, DC, MO, NY, PA, TN
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
CIGNA Corp
Investment Rating
--
Company Address
140 EAST 45TH STREET
NEW YORK, NY 10010
NEW YORK, NY 10010
Phone Number
(212) 576-7000
NAIC Number
64548
Website
Largest Affiliates
