Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) including fair financial strength of affiliated Optimum Group Inc and weak results on operational trends. Strong overall capitalization (9.4) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. High quality investment portfolio (9.2).
Other Rating Factors:
Excellent profitability (7.0) with operating gains in each of the last five years. Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (99.8%), other (0.2%)
Licensed in:
AZ, AR, MS, MO, NM, OK, TX
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
Optimum Group Inc
Investment Rating
--
Company Address
1345 River Bend Drive Ste 100
DALLAS, TX 75247
DALLAS, TX 75247
Phone Number
(214) 528-2020
NAIC Number
65960
Website
Largest Affiliates