Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10). Good quality investment portfolio (5.0) despite mixed results such as: substantial holdings of BBB bonds but moderate junk bond exposure. Good overall profitability (6.0). Return on equity has been fair, averaging 8.5%.
Other Rating Factors:
Strong capitalization (7.4) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.2).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (86.5%), group life (1.1%), other (12.3%)
Licensed in:
All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Manulife Financial Group
Investment Rating
Company Address
201 Townsend Street Suite 900
Lansing, MI 48933
Lansing, MI 48933
Phone Number
(617) 572-6000
NAIC Number
65838
Website
Largest Affiliates