Major Rating Factors:
Weak profitability index (1.6 on a scale of 0 to 10) due to a decline in earnings during 2022. Return on equity has been fair, averaging 5.4% over the last five years. Weak overall results on stability tests (0.1) based on a steep decline in capital during 2022. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (9.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
PR
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Molina Healthcare Inc
Investment Rating
Company Address
654 Plaza
San Juan, PR 00918
San Juan, PR 00918
Phone Number
(787) 200-3300
NAIC Number
15600
Website
Largest Affiliates