C
Nippon Life Ins Co of Am
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
6.27
Risk Adjusted
Capital Ratio #2
5.23
Total
Assets
240.93M
Capital
147.49M
Health
Premiums
291.03M
Net
Income
20.09M
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Weiss Ratings Nippon Life Ins Co of Am
New York, NY 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index 7.55
Liquidity Index 7.04
Profitability Index 6.69
Reserve Adequacy Index --
Stability Index 5.32
Company Info Nippon Life Ins Co of Am
New York, NY 		Click to
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Industry Health
NAIC Number 81264
Phone Number (212) 682-3000
Website www.nipponlifebenefits.com
Address 666 Third Avenue New York, NY 10017
Balance Sheet Nippon Life Ins Co of Am
New York, NY 		Click to
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Total Assets 240.93M
Capital and Reserves Nippon Life Ins Co of Am
New York, NY 		Click to
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Risk-Adjusted Capital Ratio #1 6.27
Risk-Adjusted Capital Ratio #2 5.23
1-Year Reserve Development --
2-Year Reserve Development --
Capital 147.49M
Premium to Surplus --
Reserves to Surplus --
Investments Nippon Life Ins Co of Am
New York, NY 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Nippon Life Ins Co of Am
New York, NY 		Click to
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Medical Loss Ratio 71.64%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Nippon Life Ins Co of Am
New York, NY 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 113.76K
Enrollment 125.52K
Fee For Service 89.17K
Medical Expense Per Member Per Month $422.00
Network Physicians 1.85M
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 344.20K
Total Patient Encounters-Non-Physician 96.59K
Profitability Nippon Life Ins Co of Am
New York, NY 		Click to
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Net Income 20.09M
Net Premium 294.38M
Health Premium 291.03M