Wellmark of South Dakota Inc
Major Rating Factors:
Excellent overall results on stability tests (6.9 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (3.7).
Other Rating Factors:
Excellent profitability (7.3) despite a decline in earnings during 2021. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
SD
Principal Enrollment Breakdown:
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