Major Rating Factors:
Weak overall results on stability tests (1.6 on a scale of 0 to 10) including potential financial drain due to affiliation with Nassau Reinsurance Group Holdings LP and negative cash flow from operations for 2022. Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair quality investment portfolio (4.7).
Other Rating Factors:
Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario). 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.
Principal Lines of Business:
Ind health (93.4%), other (6.6%)
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
Largest Affiliates
