Major Rating Factors:
Fair quality investment portfolio (3.8 on a scale of 0 to 10). Fair overall results on stability tests (4.2). Good profitability index (5.0) due to a decline in earnings during 2022.
Other Rating Factors:
Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (9.3) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
MA, RI
Principal Enrollment Breakdown:
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