PreferredOne Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.1) containing small junk bond exposure. Weak profitability index (0.9) with 14.3 million in losses in the last two years. Average return on equity over the last five years has been poor at -9.0%.
Principal Lines of Business:
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Licensed in:
IA, MN, ND, NE, SD, WI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Provider Compensation ($000)
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Total Patient Encounters
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Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(952) 979-7572
NAIC Number
11817
Website
Largest Affiliates