C
DELAWARE LIFE INS CO OF NEW YORK
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.9 on a scale of 0 to 10). Good quality investment portfolio (6.4) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors: Weak profitability (2.5). Strong capitalization (9.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (95.9%), group life (0.7%), other (3.5%)
Licensed in: CT, NY, RI
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
Delaware Life Partners LLC
Investment Rating
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Company Address
1115 Broadway 12th Floor
New York, NY 10017
Phone Number
(781) 790-8600
NAIC Number
72664
Website
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Largest Affiliates
C
Wilmington, DE - L&A
C
WILMINGTON, DE - L&A
C
Wilkes-Barre, PA - P&C
D
Dallas, TX - P&C
C
Wilkes-Barre, PA - P&C