CORPORATE SOLUTIONS LIFE REINS CO
Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10). Fair Liquidity (4.2) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims or a run on policy withdrawals. Good overall profitability (5.6). Return on equity has been good over the last five years, averaging 14.3%.
Other Rating Factors:
Weak overall results on stability tests (2.8) including fair financial strength of affiliated AXA Financial Inc and weak results on operational trends. Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (99.8%), group annuities (0.1%)
Licensed in:
All states except FL, 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
AXA Financial Inc
Investment Rating
--
Company Address
2711 Centerville Rd Ste 400
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(610) 249-9531
NAIC Number
68365
Website
Largest Affiliates
