Major Rating Factors:
Good quality investment portfolio (5.4 on a scale of 0 to 10) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.9) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.0) including negative cash flow from operations for 2024.
Other Rating Factors:
Strong capitalization (8.4) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.2) with operating gains in each of the last five years.
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (100.0%)
Licensed in:
MS, 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
Fidelity Security Group
Investment Rating
--
Company Address
162 Prospect Hill Rd Ste 101A
Brewster, NY 10509
Brewster, NY 10509
Phone Number
(845) 363-1635
NAIC Number
67288
Website
Largest Affiliates