Major Rating Factors:
Fair quality investment portfolio (3.0 on a scale of 0 to 10) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak profitability index (0.5) with operating losses during 2018, 2019, 2020 and 2022. Average return on equity over the last five years has been poor at -55.8%. Weak overall results on stability tests (1.2) based on rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Mutual of Omaha Ins Co.
Other Rating Factors:
Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
All states except NY, also licensed in VI
Principal Enrollment Breakdown:
--
Corporate Info
Group Affiliation
Mutual of Omaha Ins Co
Investment Rating
--
Company Address
3300 Mutual of Omaha Plaza
Omaha, NE 68175
Omaha, NE 68175
Phone Number
(402) 342-7600
NAIC Number
88080
Website
--
Largest Affiliates