Major Rating Factors:
Good Liquidity (6.7 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Good overall results on stability tests (5.3) despite negative cash flow from operations for 2022. Other stability subfactors include good operational trends and excellent risk diversification. Fair profitability (4.9). Excellent expense controls. Return on equity has been fair, averaging 7.5%.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (8.1).
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (54.0%), group health (41.7%), group life (4.2%)
Licensed in:
CA
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
Blue Shield of California
Investment Rating
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Company Address
50 Beale Street
Oakland, CA 94607
Oakland, CA 94607
Phone Number
(888) 800-2742
NAIC Number
61557
Website
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Largest Affiliates