Major Rating Factors:
Fair profitability index (4.5 on a scale of 0 to 10) with operating losses during 2020. Return on equity has been fair, averaging 15.8% over the past five years. Good overall results on stability tests (6.7) despite. Stability strengths include good operational trends and excellent risk diversification. The largest net exposure for one risk is conservative at 1.3% of capital. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Superior liquidity (9.0) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states and VI
Principal Investments:
Investment grade bonds (87.5%), cash (1.8%), non investment grade bonds (0.4%), other (10.4%)
Corporate Info
Group Affiliation
Allianz SE
Investment Rating
Company Address
9950 Mayland Drive
Richmond, VA 23233
Richmond, VA 23233
Phone Number
(800) 548-8510
NAIC Number
11630
Largest Affiliates