Development
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10). Good Liquidity (6.8) with sufficient resources to handle a spike in claims. Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.7).
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
Phoenix, AZ 85202
Phoenix, AZ 85202
Phone Number
(818) 887-4436
NAIC Number
65080
Website
Largest Affiliates