Major Rating Factors: Fair quality investment portfolio (3.7 on a scale of 0 to 10) containing large holdings of mortgages. Fair overall results on stability tests (4.0). Rating is significantly influenced by the strong financial results of The Cigna Group. Good overall profitability index (5.5) despite a decline in earnings during 2021.
Other Rating Factors: Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (8.0) based on good current risk-adjusted capital (severe loss scenario).
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Licensed in: All states except CA
Principal Enrollment Breakdown: --