Major Rating Factors:
Fair profitability (3.1 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been low, averaging -0.7%. Fair overall results on stability tests (4.8). Good quality investment portfolio (5.4) despite mixed results such as: large holdings of BBB rated bonds but junk bond exposure equal to 55% of capital.
Other Rating Factors:
Good Liquidity (6.6). Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
G - Fast asset or premium growth.
Principal Lines of Business:
Ind annuities (96.0%), group life (2.7%), group annuities (0.6%), other (0.7%)
Licensed in:
CT, DC, FL, ME, NH, NY, OH, RI, VT
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
Western & Southern Group
Investment Rating
--
Company Address
14 MAIN STREET SUITE 100
GREENWICH, NY 12834
GREENWICH, NY 12834
Phone Number
(513) 629-1402
NAIC Number
75264
Website
Largest Affiliates