Avalon Ins Co
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 60.0 million in losses in the last five years. Average return on equity has been poor at -56.0%. Good overall results on stability tests (5.1) despite excessive capital growth during 2022. Rating is significantly influenced by the acceptable financial results of Capital Blue Cross Inc. Good liquidity (5.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
DC, DE, MD, PA, VA, WV
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Capital Blue Cross Inc
Investment Rating
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Company Address
2500 Elmerton Avenue
Harrisburg, PA 17177
Harrisburg, PA 17177
Phone Number
(717) 541-7000
NAIC Number
12358
Website
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