Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.7) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
DC, NY
Principal Enrollment Breakdown:
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