OLD SURETY LIFE INS CO
Major Rating Factors:
Weak profitability (2.9 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Return on equity has been fair, averaging 5.1%. Weak Liquidity (0.0) as a spike in claims may stretch capacity. Weak overall results on stability tests (2.0) including negative cash flow from operations for 2023.
Other Rating Factors:
Good quality investment portfolio (6.7). Strong capitalization (8.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
AL, AR, CO, GA, KS, MS, MO, MT, NE, NM, NC, OK, SC, 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
Enterprise Investments Inc
Investment Rating
--
Company Address
5201 North Lincol Blvd
Oklahoma City, OK 73105
Oklahoma City, OK 73105
Phone Number
(405) 523-2112
NAIC Number
67326
Website
Largest Affiliates