Development
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10). Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years.
Other Rating Factors:
High quality investment portfolio (7.7). Excellent Liquidity (9.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (100.0%)
Licensed in:
All states except NY, PR
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
Assurant Inc
Investment Rating
--
Company Address
501 WEST MICHIGAN STREET
Tempe, AZ 85284
Tempe, AZ 85284
Phone Number
(818) 887-4436
NAIC Number
65080
Website
Largest Affiliates