Major Rating Factors: Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Excellent profitability (7.3).
Other Rating Factors: Excellent liquidity (7.7) with ample operational cash flow and liquid investments. History of adequate reserve strength (5.7) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.5).
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: IL, TX
Principal Investments: Investment grade bonds (97.8%), other (2.2%)