Accendo Ins Co
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 399.7 million in losses in the last four years. Average return on equity over the last five years has been poor at -75.4%. Fair overall results on stability tests (3.6) based on rapid premium growth over the last five years. Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Excellent overall capitalization (8.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (8.2) containing small junk bond exposure. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
3148 West 3500 South
West Valley City, UT 84119
West Valley City, UT 84119
Phone Number
(615) 807-7500
NAIC Number
63444
Largest Affiliates