Major Rating Factors:
Weak profitability index (0.5 on a scale of 0 to 10) with 13.4 million in losses in the last four years. Weak overall results on stability tests (1.4) in spite of healthy premium and capital growth during 2023. Excellent capitalization (7.3) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (7.5) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
--
Licensed in:
AZ
Principal Enrollment Breakdown:
--
Corporate Info
Group Affiliation
Banner Health
Investment Rating
--
Company Address
2901 North Central Avenue
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(833) 516-1007
NAIC Number
16663
Largest Affiliates