Major Rating Factors:
Good quality investment portfolio (5.2 on a scale of 0 to 10) containing large holdings of mortgages. Good overall results on stability tests (5.7) based on consistent premium and capital growth in the last five years. Excellent profitability (8.4) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
All states except CT, MA, MN, NY, WA, WI, also licensed in PR
Principal Enrollment Breakdown:
--