Major Rating Factors: Fair quality investment portfolio (3.6 on a scale of 0 to 10). Good overall results on stability tests (5.7). Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent profitability (8.7) with operating gains in each of the last five years.
Other Rating Factors: Excellent capitalization index (7.9) based on good 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: --
Licensed in: AL, MD, RI
Principal Enrollment Breakdown: --