Major Rating Factors:
Good quality investment portfolio (5.6 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good Liquidity (6.3) with sufficient resources to handle a spike in claims. Fair overall results on stability tests (4.6).
Other Rating Factors:
Weak profitability (2.0) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (10.0) 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:
Other (100%)
Licensed in:
AL, DC, MO, NY, PA, TN
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
CIGNA Corp
Investment Rating
--
Company Address
140 EAST 45TH STREET
NEW YORK, NY 10010
NEW YORK, NY 10010
Phone Number
(212) 576-7000
NAIC Number
64548
Website
Largest Affiliates