Major Rating Factors: Fair profitability index (3.8 on a scale of 0 to 10) with operating losses during 2017, 2018 and 2021. Good liquidity (5.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2017.
Other Rating Factors: Excellent quality investment portfolio (9.8) containing small junk bond exposure. Excellent overall results on stability tests (7.1) based on consistent premium and capital growth in the last five years.
Principal Lines of Business: --
Licensed in: OH
Principal Enrollment Breakdown: --