RIVERSOURCE LIFE INS CO OF NY
Major Rating Factors:
Fair quality investment portfolio (4.4 on a scale of 0 to 10). Fair overall results on stability tests (3.6). Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (2.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
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:
Ind annuities (60.9%), ind health (5.7%), group annuities (5.5%), other (27.9%)
Licensed in:
NY