Major Rating Factors:
Good quality investment portfolio (6.3 on a scale of 0 to 10) containing junk bond exposure equal to 67.7% of capital. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.8)
Other Rating Factors:
Excellent capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent overall results on stability tests (8.0) based on healthy premium and capital growth during 2021.
Principal Lines of Business:
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Licensed in:
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Principal Enrollment Breakdown:
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