Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10) including fair financial strength of affiliated CIGNA Corp and negative cash flow from operations for 2024. Weak profitability (1.7) with operating losses during 2024. Return on equity has been low, averaging -13.2%. Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (9.6). Excellent Liquidity (7.8).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (100.0%)
Licensed in:
AL, AZ, CA, CO, DC, DE, GA, ID, IL, IN, KS, KY, LA, MO, MT, NE, NV, ND, OH, OK, OR, PA, SD, TN, TX, UT, WV
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
CIGNA Corp
Investment Rating
--
Company Address
1300 East Ninth Street
COLUMBUS, OH 43219
COLUMBUS, OH 43219
Phone Number
(512) 451-2224
NAIC Number
65269
Website
Largest Affiliates