Major Rating Factors:
Weak overall results on stability tests (1.7 on a scale of 0 to 10) including potential financial drain due to affiliation with Security National Life. Fair quality investment portfolio (4.3). Fair profitability (3.9) with modest operating losses during 2022. Return on equity has been low, averaging 0.0%.
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
Principal Lines of Business:
--
Licensed in:
MS
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
Security National Life
Investment Rating
--
Company Address
1044-B RIVER OAKS DRIVE
FLOWOOD, MS 39232
FLOWOOD, MS 39232
Phone Number
(801) 264-1060
NAIC Number
75531
Website
Largest Affiliates