Major Rating Factors:
Fair quality investment portfolio (4.4 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Fair profitability (4.5) with investment income below regulatory standards in relation to interest assumptions of reserves. Good capitalization (5.4) based on good risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Weak overall results on stability tests (2.7) including weak results on operational trends. Excellent Liquidity (10.0).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (100.0%)
Licensed in:
All states, the District of Columbia and Puerto Rico
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
280 TRUMBULL STREET
HARTFORD, CT 06103
HARTFORD, CT 06103
Phone Number
(303) 737-6506
NAIC Number
93629
Website
Largest Affiliates