Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Centene Corporation. Weak profitability index (0.9) with 3.5 million in losses in the last two years. Average return on equity over the last five years has been poor at -21.4%. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018. Excellent quality investment portfolio (7.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
MS
Principal Enrollment Breakdown:
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Other Highlights
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Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
1020 Highland Colony Parkway
Ridgeland, MS 39157
Ridgeland, MS 39157
Phone Number
(314) 725-4477
NAIC Number
13923
Largest Affiliates