FIRST GUARANTY INS CO
Major Rating Factors:
Weak overall results on stability tests (2.1 on a scale of 0 to 10) including weak financial strength of affiliated Security National Financial Corp. Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Fair quality investment portfolio (4.8).
Other Rating Factors:
Good Liquidity (6.1). Strong capitalization (7.5) based on excellent risk adjusted capital (severe loss scenario).
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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
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