Major Rating Factors: Fair overall results on stability tests (3.7 on a scale of 0 to 10) based on fair risk-adjusted capital in prior years. Good overall profitability index (5.8) despite 2.7 million in losses in the current year. Good quality investment portfolio (5.8) containing junk bond exposure equal to 91.0% of capital.
Other Rating Factors: Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2019.
Principal Lines of Business: --
Licensed in: ID, MT, WY
Principal Enrollment Breakdown: --