Major Rating Factors:
Excellent profitability (9.1 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent capitalization (8.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2017. Excellent overall results on stability tests (8.6) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Good quality investment portfolio (5.0) containing significant exposure to junk bonds.
Principal Lines of Business:
--
Licensed in:
NV
Principal Enrollment Breakdown:
--