Major Rating Factors: Fair profitability index (4.8 on a scale of 0 to 10) with operating losses during 2017, 2018 and 2019. Fair quality investment portfolio (4.2). Good overall results on stability tests (5.6) despite excessive capital growth during 2021.
Other Rating Factors: Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization index (9.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business: --
Licensed in: OH, WV
Principal Enrollment Breakdown: --