PROFESSIONAL LIFE & CAS CO
Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10). Fair overall results on stability tests (4.5) including negative cash flow from operations for 2022. Weak profitability (2.5) with operating losses during 2022. Return on equity has been low, averaging -1.5%.
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.8).
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:
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Licensed in:
IL, IN, MT, ND, OK
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
None
Investment Rating
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Company Address
20 N WACKER DR STE 3110
SCOTTSDALE, AZ 85253
SCOTTSDALE, AZ 85253
Phone Number
(312) 220-0655
NAIC Number
68063
Website
Largest Affiliates