Major Rating Factors:
Fair overall results on stability tests (3.5 on a scale of 0 to 10) based on rapid premium growth over the last five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Weak profitability index (0.9) with operating losses during 2020, 2021 and 2022. Weak quality investment portfolio (1.8).
Other Rating Factors:
Excellent capitalization index (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 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