Major Rating Factors:
Good capitalization index (5.4 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario). Weak profitability index (0.9) with operating losses during 2020. Weak overall results on stability tests (2.8). Rating is significantly influenced by the strong financial results of Louisiana Health Service and Indemnity Co.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MS
Principal Enrollment Breakdown:
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