Major Rating Factors:
Good quality investment portfolio (5.0 on a scale of 0 to 10) despite mixed results such as: substantial holdings of BBB bonds but moderate junk bond exposure. Good Liquidity (5.1) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Good overall results on stability tests (5.0) excellent operational trends and good risk diversification.
Other Rating Factors:
Weak profitability (2.9) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (7.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
TX
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
Germania Ins Group
Investment Rating
--
Company Address
507 Hwy 290 East
Brenham, TX 77833
Brenham, TX 77833
Phone Number
(979) 836-5224
NAIC Number
67920
Largest Affiliates