Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) including excessive premium growth. Good Liquidity (6.5) with sufficient resources to handle a spike in claims. Weak profitability (2.7) with operating losses during 2024. Return on equity has been low, averaging -2.4%.
Other Rating Factors:
Strong capitalization (8.7) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.6).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (20.9%), group life (4.8%), other (74.3%)
Licensed in:
AL, AR, FL, GA, KS, LA, MS, MO, NM, NC, OK, SC, SD, TX
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
None
Investment Rating
--
Company Address
1350 S Boulder Suite 900
Tulsa, OK 74119
Tulsa, OK 74119
Phone Number
(918) 254-0200
NAIC Number
74799
Website
Largest Affiliates
No affiliate information available.