Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) despite excessive premium growth. Other stability subfactors include excellent operational trends and excellent risk diversification. Good overall profitability (6.7). Excellent expense controls. Return on equity has been good over the last five years, averaging 10.6%. Good Liquidity (6.8).
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.5).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
Principal Lines of Business:
Group health (100.0%)
Licensed in:
DC, NY, RI
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
Investments in Affiliates
Corporate Info
Group Affiliation
Highmark Inc
Investment Rating
--
Company Address
420 Fifth Avenue 3rd Floor
New York, NY 10119
New York, NY 10119
Phone Number
(800) 328-5433
NAIC Number
60213
Website
Largest Affiliates
