Development
Major Rating Factors:
Good overall results on stability tests (5.8 on a scale of 0 to 10). Stability strengths include good operational trends and excellent risk diversification. Good quality investment portfolio (5.4) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but minimal holdings in junk bonds. Good Liquidity (6.9).
Other Rating Factors:
Fair profitability (4.0). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (99.7%), other (0.3%)
Licensed in:
DE, MI, 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
Prudential plc
Investment Rating
Company Address
2900 WESTCHESTER AVE STE 305
PURCHASE, NY 10577
PURCHASE, NY 10577
Phone Number
(517) 381-5500
NAIC Number
60140
Website
Largest Affiliates