Major Rating Factors:
Good quality investment portfolio (6.8 on a scale of 0 to 10) with no exposure to mortgages and no exposure to junk bonds. Good Liquidity (6.0) with sufficient resources to handle a spike in claims. Good overall results on stability tests (5.5) despite negative cash flow from operations for 2022 excellent operational trends and good risk diversification.
Other Rating Factors:
Weak profitability (1.8) with operating losses during 2022. Strong capitalization (7.7) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Group life (80.8%), group health (16.2%), ind health (2.4%), other (0.6%)
Licensed in:
All states except AL, AK, CA, CT, FL, HI, ID, ME, MA, NH, NY, NC, RI, TN, VT, WA, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Medical Mutual of Ohio
Investment Rating
--
Company Address
2060 East Ninth Street
Cleveland, OH 44144
Cleveland, OH 44144
Phone Number
(216) 687-7000
NAIC Number
62375
Website
Largest Affiliates