Major Rating Factors:
Good overall profitability (5.3 on a scale of 0 to 10). Return on equity has been low, averaging 3.3%. Good overall results on stability tests (6.6). Stability strengths include good operational trends and excellent risk diversification. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.4). Excellent Liquidity (8.4).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except ME, 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
New York Life Group
Investment Rating
--
Company Address
14850 N SCOTTSDALE RD STE 400
PHOENIX, AZ 85016
PHOENIX, AZ 85016
Phone Number
(212) 576-7000
NAIC Number
81353
Website
Largest Affiliates
