SCOR GLOBAL LIFE USA RE CO
Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10) including fair financial strength of affiliated SCOR Reinsurance Group and negative cash flow from operations for 2023. Good quality investment portfolio (6.6) with no exposure to mortgages and minimal holdings in junk bonds. Good Liquidity (6.1).
Other Rating Factors:
Weak profitability (2.0) with operating losses during the first nine months of 2024. Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
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
SCOR Reinsurance Group
Investment Rating
--
Company Address
2711 Centerville Road Ste 400
Wilmington, DE 19808
Wilmington, DE 19808
Phone Number
(913) 901-4600
NAIC Number
97071
Website
Largest Affiliates