Major Rating Factors:
Fair profitability index (3.4 on a scale of 0 to 10) with operating losses during 2020 and 2022. Fair overall results on stability tests (3.1) based on a significant -24% decrease in enrollment during the period, fair risk diversification due to the company's size. Excellent capitalization (7.3) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
205 Lexington Avenue
New York, NY 10016
New York, NY 10016
Phone Number
(855) 951-2273
NAIC Number
12976
Website
Largest Affiliates
No affiliate information available.