Major Rating Factors:
Good overall profitability index (5.8 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 15.0%. Good overall results on stability tests (5.2) despite. 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:
Ample reserve history (7.1) that can protect against increases in claims costs. Superior liquidity (9.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
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 (63.2%), cash (8.2%), other (28.6%)
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