Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10) including negative cash flow from operations for 2024. Strong overall capitalization (8.9) based on excellent risk adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. High quality investment portfolio (8.1).
Other Rating Factors:
Excellent profitability (7.5) with operating gains in each of the last five years. Excellent Liquidity (7.0).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (99.8%), other (0.2%)
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
FMR LLC
Investment Rating
--
Company Address
640 Fifth Avenue 5th floor
New York, NY 10019
New York, NY 10019
Phone Number
(401) 292-4717
NAIC Number
71228
Website
Largest Affiliates