PHP Ins Co of IN Inc
Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) based on rapid premium growth over the last five years, good risk-adjusted capital in prior years and rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of Physicians Health Plan of Northern Indiana Inc. Good overall profitability index (6.1) despite a decline in earnings during 2021. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario). Over the last several years, capital levels have remained relatively consistent.
Other Rating Factors:
Excellent quality investment portfolio (7.8) containing small junk bond exposure. Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Physicians Health Plan of Northern Indiana Inc
Investment Rating
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Company Address
1700 Magnavox Way
Fort Wayne, IN 46804
Fort Wayne, IN 46804
Phone Number
(260) 432-6690
NAIC Number
12331
Website
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