Development
Major Rating Factors:
Good quality investment portfolio (6.0 on a scale of 0 to 10) despite mixed results such as: no exposure to mortgages and substantial holdings of BBB bonds but small junk bond holdings. Fair overall results on stability tests (3.6). Weak profitability (2.7) with investment income below regulatory standards in relation to interest assumptions of reserves.
Other Rating Factors:
Weak Liquidity (0.0). Strong capitalization (8.3) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Group health (91.2%), ind health (8.3%), group life (0.5%)
Licensed in:
All states except NY
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
185 ASYLUM STREET
HARTFORD, CT 06103
HARTFORD, CT 06103
Phone Number
(877) 832-7734
NAIC Number
79413
Largest Affiliates