Major Rating Factors:
Good overall profitability (6.0 on a scale of 0 to 10). Excellent expense controls. Return on equity has been low, averaging 1.7%. Good Liquidity (6.4) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (4.3) including negative cash flow from operations for 2024.
Other Rating Factors:
Strong capitalization (8.4) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.1).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (2.8%), other (97.2%)
Licensed in:
All states except CA, CT, DC, IL, IA, MA, MI, NH, NJ, NY, RI, SC, VT, WA, WI, 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
Jarvis Family Ltd Partnership
Investment Rating
--
Company Address
5750 CR 225
Irving, TX 75039
Irving, TX 75039
Phone Number
(561) 241-4000
NAIC Number
82252
Website
Largest Affiliates