Major Rating Factors:
Strong long-term capitalization index (7.3 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. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.1) with operating gains in each of the last five years. Return on equity has been excellent over the last five years averaging 17.8%.
Other Rating Factors:
Excellent overall results on stability tests (7.2). Stability strengths include good operational trends and excellent risk diversification. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states and GU, MP, PR, VI
Principal Investments:
Investment grade bonds (79.9%), non investment grade bonds (4.9%), preferred stock (2.4%), cash (1.0%), common stock (0.9%), other (11.0%)
Corporate Info
Group Affiliation
Assurant Inc
Investment Rating
Company Address
175 West Jackson Boulevard
Chicago, IL 60604
Chicago, IL 60604
Phone Number
(312) 356-3000
NAIC Number
40827
Website
Largest Affiliates