LIFESECURE INS CO
Major Rating Factors:
Good quality investment portfolio (5.2 on a scale of 0 to 10) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good overall profitability (5.6) although investment income, in comparison to reserve requirements, is below regulatory standards. Good overall results on stability tests (5.5) excellent operational trends and excellent risk diversification.
Other Rating Factors:
Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (9.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind health (96.4%), group health (3.6%)
Licensed in:
All states except FL, NY, PR
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
Blue Cross Blue Shield of Michigan
Investment Rating
--
Company Address
10559 CItation Drive Suite 300
NEW HUDSON, MI 48165
NEW HUDSON, MI 48165
Phone Number
(810) 220-7700
NAIC Number
77720
Website
Largest Affiliates