Fidelity Security Assr Co
Major Rating Factors:
Weak overall results on stability tests (1.5 on a scale of 0 to 10) including excessive premium growth, weak results on operational trends and lack of operational experience. The largest net exposure for one risk is excessive at 17.5% of capital. Strong long-term capitalization index (9.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Excellent profitability index (8.1). Excellent liquidity (8.6) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
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 CA, CO, CT, FL, HI, ME, NJ, NY, OR, SC, WI
Principal Investments:
Investment grade bonds (73.6%), cash (18.7%), other (7.7%)
Corporate Info
Group Affiliation
Fidelity Security Life Ins Co
Investment Rating
--
Company Address
2600 Grand Blvd
Kansas City, MO 64108
Kansas City, MO 64108
Phone Number
(816) 756-1060
NAIC Number
17136
Website
Largest Affiliates