Focusing on current
capitalization ratios, without understanding the extent to which the market-oriented nature of capital has become a critical aspect of the competitive scene, can potentially weaken the industry as much as any other competitive disadvantage.
Franklin's claim paying rating is based upon its established position in traditional participating individual life and disability income products, excellent expense control, high asset quality, and continued maintenance of one of the highest statutory
capitalization ratios in its size category despite regular dividend payments to American Brands.
The rating reflects the company's established position in traditional participating individual life and disability income products, excellent expense control, high asset quality, and continued maintenance of one of the highest statutory
capitalization ratios in the industry.
8 billion in 2003 when the initial funding for these projects began); but that equity to
capitalization ratios are projected to improve to 33% versus 30% currently as a result of maintaining solid operating margins.
The rating reflects Franklin's established position in traditional participating individual life and disability income products, excellent expense control, high asset quality, and continued maintenance of one of the highest statutory
capitalization ratios in its size category despite regular dividend payments to its parent.
The robust growth registered since end-2004 surpassed the increase in CABEI's equity, though the bank still shows ample
capitalization ratios.
The strengthening in balance sheet measures over the last 12-18 months is clear; non-performing assets have dropped precipitously, loan loss reserve measures have improved, and
capitalization ratios have been enhanced.
As a result of its corporate bank strategy, Continental has downsized its balance sheet which has positively affected
capitalization ratios.
The ratings consider Pine's track record of satisfactory profitability, adequate liquidity and
capitalization ratios -- despite a history of large dividend distributions -- and a reasonably diversified loan portfolio, given its lower dependence on consignment lending compared with its local peers.
Constant capital increases, driven by its own results, capital increases from member countries and the incorporation of Spain as a shareholder in 2002 have sustained the bank's ample
capitalization ratios.
The aforementioned growth has increased the leverage of the system, while lower expected profitability will not be sufficient to relieve pressure on the bank's
capitalization ratios in the short and medium term.
In the past, the company's robust growth strategy caused deterioration in its
capitalization ratios.
