LIFE INS CO OF BOSTON & NEW YORK
Major Rating Factors:
Good overall results on stability tests (6.4 on a scale of 0 to 10). Stability strengths include excellent operational trends and good risk diversification. Good quality investment portfolio (6.6) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good overall profitability (5.5) although investment income, in comparison to reserve requirements, is below regulatory standards.
Other Rating Factors:
Good Liquidity (6.0). Strong capitalization (8.5) based on excellent risk adjusted capital (severe loss scenario).
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 (16.0%), group health (2.5%), other (81.5%)
Licensed in:
NY
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
Boston Mutual Group
Investment Rating
--
Company Address
4300 Camp Road PO Box 331
Athol Springs, NY 14010
Athol Springs, NY 14010
Phone Number
(800) 645-2317
NAIC Number
78140
Website
Largest Affiliates