Major Rating Factors:
Good quality investment portfolio (5.7 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and substantial holdings of BBB bonds but small junk bond holdings. Weak profitability (2.6) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.7) including weak results on operational trends.
Other Rating Factors:
Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (8.6).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (90.7%), other (9.3%)
Licensed in:
All states except 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
Prudential of America
Investment Rating
Company Address
2929 N CENTRAL AVE STE 1700
PHOENIX, AZ 85253
PHOENIX, AZ 85253
Phone Number
(860) 534-8057
NAIC Number
79227
Website
Largest Affiliates
