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), despite some fluctuation in capital levels. Ample reserve history (9.1) that helps to protect the company against sharp claims increases. Excellent profitability index (7.4).
Other Rating Factors:
Excellent liquidity (7.9) with ample operational cash flow and liquid investments. Good overall results on stability tests (5.4) despite excessive premium growth. The largest net exposure for one risk is conservative at 1.3% of capital.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except ME
Principal Investments:
Investment grade bonds (56.3%), cash (4.5%), other (39.2%)
Corporate Info
Group Affiliation
Genworth Financial Inc
Investment Rating
Company Address
8325 Six Forks Road
Raleigh, NC 27615
Raleigh, NC 27615
Phone Number
(919) 846-4100
NAIC Number
16675
Website
Largest Affiliates