Major Rating Factors:
Weak profitability index (0.7 on a scale of 0 to 10) with 17.8 million in losses in the last two years. Average return on equity over the last five years has been poor at -30.6%. Weak quality investment portfolio (0.0) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak overall results on stability tests (0.0) based on a significant -18% decrease in enrollment during the period, a steep decline in capital during 2023. Rating is significantly influenced by the acceptable financial results of Mutual of Omaha Ins Co.
Other Rating Factors:
Excellent overall capitalization (9.5) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states except NY, also licensed in VI
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Mutual of Omaha Ins Co
Investment Rating
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Company Address
3300 Mutual of Omaha Plaza
Omaha, NE 68175
Omaha, NE 68175
Phone Number
(402) 342-7600
NAIC Number
88080
Website
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Largest Affiliates