Major Rating Factors:
Good overall results on stability tests (6.3 on a scale of 0 to 10) despite. Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Ample reserve history (8.3) that helps to protect the company against sharp claims increases.
Other Rating Factors:
Excellent liquidity (8.9) with ample operational cash flow and liquid investments. Fair profitability index (4.6) with operating gains in each of the last five years. Return on equity has been fair, averaging 52.6% over the past five years.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states and VI
Principal Investments:
Investment grade bonds (86.3%), common stock (9.5%), non investment grade bonds (1.5%), other (2.7%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Genworth Financial Inc
Investment Rating
Company Address
8325 Six Forks Road
Raleigh, NC 27615
Raleigh, NC 27615
Phone Number
(800) 444-5664
NAIC Number
38458
Website
Largest Affiliates