Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10) including fair financial strength of affiliated Hartford Financial Services Inc and negative cash flow from operations for 2024. Good profitability (5.0) despite operating losses during 2024. Return on equity has been low, averaging 2.3%. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.6). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (100.0%)
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
Hartford Financial Services Inc
Investment Rating
--
Company Address
One Hartford Plaza
HARTFORD, CT 06103
HARTFORD, CT 06103
Phone Number
(800) 862-6668
NAIC Number
81213
Largest Affiliates