Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10) including fair financial strength of affiliated Wilton Re Holdings Ltd. Fair quality investment portfolio (3.5) with large holdings of BBB rated bonds in addition to significant exposure to junk bonds. Good Liquidity (5.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Strong capitalization (7.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.0) despite modest operating losses during 2020.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NY, 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
Wilton Re Holdings Ltd
Investment Rating
--
Company Address
P O BOX 830
Waco, TX 76703
Waco, TX 76703
Phone Number
(254) 752-6521
NAIC Number
69396
Website
Largest Affiliates