PHP Ins Co of IN Inc
Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the excellent financial results of Physicians Health Plan of Northern Indiana Inc. Fair capitalization index (4.2) based on fair current risk-adjusted capital (severe loss scenario). Excellent profitability (9.3) despite a decline in earnings during 2023.
Other Rating Factors:
Excellent quality investment portfolio (9.5) containing small junk bond exposure. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN, OH
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Physicians Health Plan of Northern Indiana Inc
Investment Rating
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Company Address
1700 Magnavox Way
Fort Wayne, IN 46804
Fort Wayne, IN 46804
Phone Number
(260) 432-6690
NAIC Number
12331
Website
Largest Affiliates