Blue Cross & Blue Shield of AL
Major Rating Factors:
Excellent overall capitalization (10.0 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.1) based on consistent premium and capital growth in the last five years. Good overall profitability index (6.4) despite a decline in earnings during 2021.
Other Rating Factors:
Good quality investment portfolio (6.2) containing junk bond exposure equal to 90.6% of capital. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
AL
Principal Enrollment Breakdown:
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