CYRUS LIFE INS CO OF LOUISIANA
Major Rating Factors:
Weak overall results on stability tests (1.4 on a scale of 0 to 10) including potential financial drain due to affiliation with Mulhearn Corp., excessive premium growth, Weak risk diversification and weak results on operational trends. Weak profitability (2.0) with operating losses during the first nine months of 2024. Good capitalization (6.0) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (7.7). Excellent Liquidity (9.3).
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.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
LA
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
Mulhearn Corp.
Investment Rating
--
Company Address
1304 North 18th Street
Baton Rouge, LA 70802
Baton Rouge, LA 70802
Phone Number
(501) 758-1778
NAIC Number
75485
Website
Largest Affiliates