Magellan Life Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.0 on a scale of 0 to 10) based on a significant -100% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of Centene Corporation. Weak quality investment portfolio (1.5). Excellent profitability (8.5) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AZ, CA, DE, GA, HI, IN, KS, MS, MT, ND, NE, NM, SC, SD, TN, TX, UT, WV, WY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
14100 Magellan Plaza
Maryland Heights, MO 63043
Maryland Heights, MO 63043
Phone Number
(619) 326-9204
NAIC Number
97292
Website
Largest Affiliates