Major Rating Factors:
Fair current capitalization (4.8 on a scale of 0 to 10) based on mixed results -- excessive policy leverage mitigated by fair risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Fair profitability (4.5) with operating losses during 2024. Fair overall results on stability tests (3.7) including negative cash flow from operations for 2024 and fair risk adjusted capital in prior years.
Other Rating Factors:
Good Liquidity (6.6). High quality investment portfolio (8.5).
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
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 (99.6%), group life (0.4%)
Licensed in:
All states except NY, PR
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
UnitedHealth Group Inc
Investment Rating
Company Address
10701 WEST RESEARCH DRIVE
MILWAUKEE, WI 53214
MILWAUKEE, WI 53214
Phone Number
(952) 251-9723
NAIC Number
91529
Largest Affiliates