Major Rating Factors:
Excellent overall results on stability tests (6.9 on a scale of 0 to 10). Rating is significantly influenced by the excellent financial results of Trinity Health Corporation. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Weak profitability index (1.9) with operating losses during 2020, 2021 and 2022.
Principal Lines of Business:
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Licensed in:
ID
Principal Enrollment Breakdown:
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