Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10). Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years. High quality investment portfolio (8.6) despite no exposure to mortgages and substantial holdings of BBB bonds but no exposure to junk bonds.
Other Rating Factors:
Excellent profitability (8.6) with operating gains in each of the last five years. Excellent Liquidity (8.1).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (57.4%), group life (42.6%)
Licensed in:
DC, NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
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Investments in Affiliates
Corporate Info
Group Affiliation
UnitedHealth Group Inc
Investment Rating
Company Address
ONE PENN PLAZA 8TH FLOOR
NEW YORK, NY 10119
NEW YORK, NY 10119
Phone Number
(877) 832-7734
NAIC Number
11596
Largest Affiliates