B
AmFirst Ins Co
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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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: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
39
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
0
Salary
0
Bonus
0
Other
--
Member Physicians
0
Enrollment
Total Patient Encounters
Physician
0
Non-Physician
Corporate Info
Group Affiliation
Wheaton Management LLC
Investment Rating
--
Company Address
500 Steed Road
Ridgeland, MS 39157
Phone Number
(601) 956-2028
NAIC Number
60250
Largest Affiliates
B
Ridgeland, MS - Health
Weiss Ratings