Golden Security Ins Co
Major Rating Factors:
Excellent profitability (9.4 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (7.8) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent quality investment portfolio (9.0) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.6) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2022. Rating is significantly influenced by the strong financial results of BlueCross BlueShield of Tennessee Inc.
Principal Lines of Business:
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Licensed in:
AR, GA, MS, TN
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
BlueCross BlueShield of Tennessee Inc
Investment Rating
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Company Address
One Cameron Hill Circle
Chattanooga, TN 37402
Chattanooga, TN 37402
Phone Number
(423) 535-5600
NAIC Number
65463
Website
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Largest Affiliates