Major Rating Factors: Good overall profitability (6.2 on a scale of 0 to 10). Return on equity has been low, averaging 1.2%. Fair overall results on stability tests (3.5) including fair financial strength of affiliated Optimum Group Inc and weak results on operational trends. Low quality investment portfolio (0.2).
Other Rating Factors: Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario). Excellent liquidity (9.2).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. D - Limited diversification of general business, policy, and/or investment risk. I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Group health (99.8%), ind health (0.2%)
Licensed in: AZ, AR, MS, MO, NM, OK, TX