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S&P Credit Research4200 word report
published Dec 10, 2007
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| Abstract: | Strong competitive position in the Louisiana health insurance market. Strong earnings profile. Very strong capitalization. Very strong liquidity backed by a high-quality investment portfolio. Geographic and business-line concentration. Competitive pricing environment. Uncertainty regarding the strength of the post-Katrina New Orleans economy. The insurer financial strength ratings on Louisiana Health Service&Indemnity Co. (d/b/a Blue Cross and Blue Shield of Louisiana) and HMO Louisiana Inc. (collectively, BCBSLA) are based on BCBSLA's strong competitive position in the Louisiana health insurance market, strong earnings profile, very strong capitalization, and very strong liquidity backed by high-quality investments. Slightly offsetting these factors, BCBSLA's rating is constrained by its geographic and business line concentration, a competitive pricing environment, and some uncertainty regarding the strength of
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| Brief Excerpt: | RESEARCH Ratings Definitions Louisiana Health Service & Indemnity Co. And HMO Louisiana Inc. Publication date: 10-Dec-2007 Primary Credit Analyst: James Sung, New York (1) 212-438-2115; james_sung@standardandpoors.com Secondary Credit...
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| Report Type: | Full Report
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| Ticker: | 16242Z
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| Issuer: | Louisiana Health Service&Indemnity Co. (d/b/a Blue Cross and Blue Shield of Louisiana)
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| GICS: | Life & Health Insurance (40301020)
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| Sector: | Global Issuers, Insurance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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