Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10). Rating is influenced by the acceptable financial results of ProMedica Health Systems Inc. Good overall profitability index (6.6) with operating gains in each of the last five years. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MI, OH
Principal Enrollment Breakdown:
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