Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10) including potential financial drain due to affiliation with CNO Financial Group Inc. Fair quality investment portfolio (4.9) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Good capitalization (5.2) based on good risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Good overall profitability (6.6). Good Liquidity (6.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
Ind health (62.5%), group health (31.6%), other (5.9%)
Licensed in:
All states except 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
11825 NORTH PENNSYLVANIA STREE
CARMEL, IN 46032
CARMEL, IN 46032
Phone Number
(317) 817-6100
NAIC Number
70319
Largest Affiliates
