Major Rating Factors:
Fair profitability (4.4 on a scale of 0 to 10). Good overall capitalization (6.1) based on good risk adjusted capital (moderate loss scenario). Nevertheless, capital levels have fluctuated during prior years. Good quality investment portfolio (5.4) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds.
Other Rating Factors:
Weak overall results on stability tests (2.8) including excessive premium growth and weak results on operational trends. Excellent Liquidity (9.2).
Stability Factors:
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (97.8%), other (2.2%)
Licensed in:
All states except NY
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
Prudential of America
Investment Rating
Company Address
2929 N CENTRAL AVE STE 1700
PHOENIX, AZ 85012
PHOENIX, AZ 85012
Phone Number
(615) 981-8801
NAIC Number
86630
Website
Largest Affiliates