Major Rating Factors:
Fair overall results on stability tests (3.7 on a scale of 0 to 10). Good quality investment portfolio (6.1) despite mixed results such as: no exposure to mortgages and large holdings of BBB rated bonds but no exposure to junk bonds. Weak profitability (2.3). Return on equity has been low, averaging -2.8%.
Other Rating Factors:
Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario). Excellent Liquidity (7.7).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
I - Past results on our Investment Safety Index.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
FL
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
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Investments in Affiliates
Corporate Info
Group Affiliation
Lifetime Healthcare Inc
Investment Rating
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Company Address
1800 Pembrook Drive Suite 300
Orlando, FL 32810
Orlando, FL 32810
Phone Number
(585) 238-4464
NAIC Number
12967
Website
Largest Affiliates