UNIMERICA INS CO
Major Rating Factors:
Fair overall results on stability tests (4.6 on a scale of 0 to 10). Strong overall capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years. High quality investment portfolio (8.5) despite no exposure to mortgages and substantial holdings of BBB bonds but no exposure to junk bonds.
Other Rating Factors:
Excellent profitability (7.2) with operating gains in each of the last five years. Excellent Liquidity (7.0).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group health (99.0%), group life (1.0%)
Licensed in:
All states except NY, PR