Major Rating Factors:
Weak overall results on stability tests (1.8 on a scale of 0 to 10). Good quality investment portfolio (6.1) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.3) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (9.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.8) with operating gains in each of the last five years.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (21.5%), ind health (14.2%), other (64.3%)
Licensed in:
NY
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
CNO Financial Group Inc
Investment Rating
Company Address
350 JERICHO TURNPIKE SUITE 304
JERICHO, NY 11753
JERICHO, NY 11753
Phone Number
(317) 817-6100
NAIC Number
68560
Website
Largest Affiliates
