Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including fair financial strength of affiliated Brighthouse Financial Inc and fair risk adjusted capital in prior years. Good quality investment portfolio (6.8) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (5.3).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.2) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except 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
Brighthouse Financial Inc
Investment Rating
Company Address
One Financial Plaza
Boston, MA 02110
Boston, MA 02110
Phone Number
(800) 882-1292
NAIC Number
91626
Largest Affiliates