Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with 50.1 million in losses in the last three years. Fair overall results on stability tests (3.0) based on rapid premium growth over the last five years. Rating is significantly influenced by the weak financial results of Elevance Health Inc. Excellent overall capitalization (9.2) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.1) containing small junk bond exposure. Excellent liquidity (10.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
All states except ME, NY
Principal Enrollment Breakdown:
--
Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
Company Address
200 Center Point Circle
Columbia, SC 29210
Columbia, SC 29210
Phone Number
(469) 334-3402
NAIC Number
93521
Website
Largest Affiliates