Major Rating Factors:
Good overall profitability index (5.8 on a scale of 0 to 10) despite operating losses during 2018 and 2021. Excellent capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent quality investment portfolio (9.1) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.9) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
GA
Principal Enrollment Breakdown:
--