Development
Major Rating Factors:
Good overall profitability (5.2 on a scale of 0 to 10) although investment income, in comparison to reserve requirements, is below regulatory standards. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.2) good operational trends and excellent risk diversification.
Other Rating Factors:
Fair quality investment portfolio (4.9). Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group annuities (83.7%), ind health (5.9%), group health (2.4%), group life (1.1%), other (6.8%)
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