|
|
 |
|
Viewing report
|
|
|
|
Assurant Health (Time Insurance Co. And John Alden Life Insurance Co.) Nov 11
Standard & Poors, Nov 2011
Abstract
Strong capitalization. Strong liquidity. Lack of scale. Adequate operating performance. Highly regulated individual and small-group health insurance business. The insurer financial strength ratings on Assurant Health's main operating companies, Time Insurance Co. (TIC, formerly Fortis Insurance Co.) and John Alden Life Insurance Co. (JALIC), are based on the companies' strong capitalization and liquidity, and conservative investment portfolio. Offsetting these strengths are Assurant Health's lack of scale versus large, national health insurance players; lack of significantly discounted provider networks; adequate operating performance; and the highly regulated individual and small-group health insurance business. Assurant Health has an adequate competitive position in the individual medical and small-group health insurance markets, with 722,000 members as of Sept. 30, 2011, and approximately $1.8 billion in...
Companies mentioned in this report are: Time Insurance Co.,John Alden Life Insurance Co.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
