South Dakota State Med Hldg Co
Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with operating losses during 2022 and 2023. Return on equity has been low, averaging 3.6% over the last five years. Weak capitalization index (2.3) based on weak current risk-adjusted capital (severe loss scenario). Furthermore, this low level of risk-adjusted capital has been consistent in previous years. Excellent quality investment portfolio (9.2).
Other Rating Factors:
Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
SD
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
5300 South Broadband Lane
Sioux Falls, SD 57108
Sioux Falls, SD 57108
Phone Number
(605) 334-4000
NAIC Number
96598
Largest Affiliates
No affiliate information available.