AXCELUS FINANCIAL LIFE INS CO
Major Rating Factors:
Poor overall capitalization (0.0 on a scale of 0 to 10) based on excessive policy leverage and weak risk adjusted capital (severe loss scenario). Weak profitability (1.7) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (0.0).
Other Rating Factors:
High quality investment portfolio (7.1). Excellent Liquidity (9.6).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
All states except NH, 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
Blackstone Group Mgmt LLC
Investment Rating
--
Company Address
1650 Market Street 54th Floor
Philadelphia, PA 19103
Philadelphia, PA 19103
Phone Number
(484) 530-4800
NAIC Number
60232
Website
Largest Affiliates