FIRST GUARANTY INS CO
Major Rating Factors:
Weak overall results on stability tests (1.7 on a scale of 0 to 10) including potential financial drain due to affiliation with Security National Financial Corp. Fair quality investment portfolio (4.5). Good Liquidity (6.0) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.7) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
Principal Lines of Business:
Ind annuities (10.3%), ind life (0.4%), other (89.3%)
Licensed in:
AR, FL, LA, MS, MO, OK, TN, TX
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
Security National Financial Corp
Investment Rating
--
Company Address
5614 CORPORATE BLVD SUITE 400B
BATON ROUGE, LA 70801
BATON ROUGE, LA 70801
Phone Number
(801) 264-1060
NAIC Number
84034
Website
Largest Affiliates