Major Rating Factors:
Good quality investment portfolio (5.3 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (4.7) including negative cash flow from operations for 2022.
Other Rating Factors:
Strong capitalization (9.0) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.2) with operating gains in each of the last five years.
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:
Ind annuities (77.9%), other (22.1%)
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
Massachusetts Mutual Group
Investment Rating
--
Company Address
100 BRIGHT MEADOW BOULEVARD
WINDSOR, CT 06095
WINDSOR, CT 06095
Phone Number
(413) 788-8411
NAIC Number
93432
Website
Largest Affiliates
