Major Rating Factors:
Good overall profitability index (6.2 on a scale of 0 to 10) with operating gains in each of the last five years. Good overall capitalization (6.6) based on fair current risk-adjusted capital (severe loss scenario). Good overall results on stability tests (6.5) based on consistent premium and capital growth in the last five years but excellent risk-adjusted capital in prior years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
Principal Enrollment Breakdown:
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