Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) including fair financial strength of affiliated Unum Group and negative cash flow from operations for 2022. Fair current capitalization (4.0) based on excellent risk adjusted capital (severe loss scenario) reflecting improvement over results in 2019. Fair quality investment portfolio (4.9).
Other Rating Factors:
Excellent profitability (7.5) with operating gains in each of the last five years. Excellent Liquidity (7.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
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 (85.3%), group health (5.9%), group life (1.2%), other (7.7%)
Licensed in:
All states except PR
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
1 MERCANTILE STREET
Worcester, MA 01608
Worcester, MA 01608
Phone Number
(423) 294-1011
NAIC Number
67598
Website
Largest Affiliates