BC&BS of Florida Inc
Major Rating Factors:
Good quality investment portfolio (6.4 on a scale of 0 to 10) containing junk bond exposure equal to 83.5% of capital. Good overall results on stability tests (5.8) based on steady enrollment growth, averaging 2% over the past five years. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (7.8) with operating gains in each of the last five years. Excellent capitalization index (9.5) 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:
FL
Principal Enrollment Breakdown:
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