PROFESSIONAL INS CO
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including potential financial drain due to affiliation with Sun Life Assurance Group. Good quality investment portfolio (5.8) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good overall profitability (6.0). Excellent expense controls.
Other Rating Factors:
Strong capitalization (9.1) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.3).
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 (91.9%), other (8.1%)
Licensed in:
All states except AK, DE, ME, NH, NJ, NY, RI, VT, 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
Sun Life Assurance Group
Investment Rating
Company Address
350 North St Paul Street
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(781) 446-1514
NAIC Number
68047
Website
Largest Affiliates
