Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including weak financial strength of affiliated Citizens Inc and weak results on operational trends. Weak profitability (1.9). Return on equity has been low, averaging -8.4%. Fair capitalization (4.9) based on fair risk adjusted capital (severe loss scenario).
Other Rating Factors:
Good quality investment portfolio (6.7). Excellent Liquidity (7.9).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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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
Citizens Inc
Investment Rating
Company Address
102 Business Park Drive Ste H
Jackson, MS 39216
Jackson, MS 39216
Phone Number
(512) 837-7100
NAIC Number
75208
Website
Largest Affiliates