Major Rating Factors:
Good overall profitability (6.1 on a scale of 0 to 10). Return on equity has been low, averaging 4.0%. Good Liquidity (6.8) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (4.9) including weak results on operational trends and negative cash flow from operations for 2022.
Other Rating Factors:
Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.9).
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (95.4%), ind annuities (1.9%), other (2.7%)
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
Sentry Ins Group
Investment Rating
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Company Address
220 SALINA MEADOWS PARKWAY
SYRACUSE, NY 13212
SYRACUSE, NY 13212
Phone Number
(315) 453-6301
NAIC Number
68829
Website
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Largest Affiliates