FORTITUDE US REINSURANCE COMPA
Major Rating Factors:
Fair overall results on stability tests (4.9 on a scale of 0 to 10) including fair financial strength of affiliated Calton Holdings LLC and negative cash flow from operations for 2022. Fair quality investment portfolio (3.3). Fair profitability (3.2) with operating losses during 2022. Return on equity has been low, averaging -0.1%.
Other Rating Factors:
Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
All states except AK, FL, HI, ME, MA, NH, NJ, NY, VT, 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
Calton Holdings LLC
Investment Rating
Company Address
808 HIGHWAY 18 WEST
PHOENIX, AZ 85012
PHOENIX, AZ 85012
Phone Number
(615) 981-8801
NAIC Number
90247
Website
Largest Affiliates
