Hallmark Life Ins Co
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2018 and 2022. Average return on equity over the last five years has been poor at -53.7%. Weak overall results on stability tests (1.2) based on an overall decline in enrollment over the past five years despite growth in 2020, a steep decline in capital during 2022. Rating is significantly influenced by the strong financial results of Centene Corporation. 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 (8.3) containing small junk bond exposure. Excellent liquidity (7.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AZ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
60078
Website
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