Major Rating Factors:
Good profitability index (5.0 on a scale of 0 to 10) despite operating losses during 2018 and 2021. Good overall results on stability tests (6.6) based on consistent premium and capital growth in the last five years. Good liquidity (6.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
WI
Principal Enrollment Breakdown:
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