Major Rating Factors:
Weak profitability (1.6 on a scale of 0 to 10) with operating losses during the first nine months of 2024. Return on equity has been low, averaging -46.7%. Weak overall results on stability tests (0.9) including weak risk adjusted capital in prior years. Fair capitalization (4.2) based on fair risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Fair quality investment portfolio (3.1). Excellent Liquidity (7.4).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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:
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
Lifetime Healthcare Inc
Investment Rating
--
Company Address
165 Court Street
Rochester, NY 14647
Rochester, NY 14647
Phone Number
(585) 238-4351
NAIC Number
83437
Website
Largest Affiliates