Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Fair overall results on stability tests (4.3). Rating is significantly influenced by the strong financial results of Elevance Health Inc. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (8.4) despite a decline in earnings during 2022. Excellent overall capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
TN
Principal Enrollment Breakdown:
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