NASSAU LIFE INS CO OF KS
Major Rating Factors:
Weak overall results on stability tests (1.2 on a scale of 0 to 10) including weak financial strength of affiliated Nassau Reinsurance Group Holdings LP, excessive premium growth and negative cash flow from operations for 2023. Weak profitability (0.7) with operating losses during the first nine months of 2024. Good quality investment portfolio (6.0).
Other Rating Factors:
Good Liquidity (6.1). Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
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.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except AK, CT, DC, HI, ME, NH, NJ, NY, RI, VT, WV, 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
Nassau Reinsurance Group Holdings LP
Investment Rating
--
Company Address
10851 Mastin Blvd Ste 1000
Overland Park, KS 66210
Overland Park, KS 66210
Phone Number
(860) 403-5000
NAIC Number
68284
Website
Largest Affiliates