GUARDIAN INS & ANNUITY CO INC
Major Rating Factors:
Good quality investment portfolio (5.7 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good overall profitability (5.9) despite operating losses during 2022. Good Liquidity (5.3).
Other Rating Factors:
Fair overall results on stability tests (4.8) including negative cash flow from operations for 2022. Strong overall capitalization (7.8) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
--
Licensed in:
All states except 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
Guardian Group
Investment Rating
--
Company Address
2711 CENTERVILLE ROAD STE 400
WILMINGTON, DE 19808
WILMINGTON, DE 19808
Phone Number
(212) 598-8714
NAIC Number
78778
Website
--
Largest Affiliates