Major Rating Factors: Fair quality investment portfolio (3.4 on a scale of 0 to 10). Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (9.1) with operating gains in each of the last five years.
Other Rating Factors: Excellent overall capitalization (8.1) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.9) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Principal Lines of Business: --
Licensed in: WI
Principal Enrollment Breakdown: --