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 Liquidity (5.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Strong capitalization (4.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
Fair overall results on stability tests (4.9). Weak profitability (2.0) with operating losses during 2023.
Stability Factors:
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:
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
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Company Address
2711 CENTERVILLE ROAD STE 400
WILMINGTON, DE 19808
WILMINGTON, DE 19808
Phone Number
(212) 598-8000
NAIC Number
78778
Website
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Largest Affiliates