Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including potential financial drain due to affiliation with Nassau Reinsurance Group Holdings LP. Weak profitability (2.0) with operating losses during the first nine months of 2024. Fair quality investment portfolio (3.7).
Other Rating Factors:
Good capitalization (5.2) based on good risk adjusted capital (moderate loss scenario). Excellent Liquidity (9.2).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
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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
Nassau Reinsurance Group Holdings LP
Investment Rating
--
Company Address
One American Row
Hartford, CT 06103
Hartford, CT 06103
Phone Number
(860) 403-5000
NAIC Number
93734
Website
Largest Affiliates