Major Rating Factors:
Weak overall results on stability tests (2.3 on a scale of 0 to 10) including weak results on operational trends. The largest net exposure for one risk is excessive at 10.7% of capital. Good overall profitability index (5.3) despite operating losses during 2022. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
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:
Fire (93.2%), other (6.8%)
Licensed in:
PA
Principal Investments:
Investment grade bonds (87.0%), cash (9.9%), non investment grade bonds (3.1%)
Corporate Info
Group Affiliation
Liberty Life Group Trust
Investment Rating
--
Company Address
1605 LBJ Freeway
Dallas, TX 75234
Dallas, TX 75234
Phone Number
(469) 522-4400
NAIC Number
16993
Website
Largest Affiliates