Centene Venture Co IN Inc
Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) based on a significant -16% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of Centene Venture Co Indiana Inc. Weak profitability index (0.9) with operating losses during 2020, 2021, 2022 and 2023. Weak quality investment portfolio (2.4) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent capitalization index (8.0) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN
Principal Enrollment Breakdown:
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Other Highlights
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Corporate Info
Group Affiliation
Centene Venture Co Indiana Inc
Investment Rating
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Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16773
Website
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