Major Rating Factors: Excellent profitability (9.5 on a scale of 0 to 10) despite a decline in earnings during 2021. Excellent overall capitalization (9.7) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.0) based on consistent premium and capital growth in the last five years.
Other Rating Factors: Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --