Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including fair financial strength of affiliated Optimum Group Inc. Fair profitability (4.2). Return on equity has been low, averaging 1.2%. Strong capitalization (9.4) based on excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.6). Excellent Liquidity (10.0).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group health (99.6%), ind health (0.2%), other (0.1%)
Licensed in:
AZ, AR, MS, MO, NM, OK, TX