Home Credit Ratings and Research S&P Global Ratings’ Credit Research Noridian Mutual Insurance Co. (d/b/a Blue Cross Blue Shield of North Dakota)

Noridian Mutual Insurance Co. d/b/a Blue Cross Blue Shield of North Dakota

Published Jan 08, 2002

3745 words — Published Jan 08, 2002

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

The insurer financial strength rating on Noridian Mutual Insurance Co. d/b/a Blue Cross and Blue Shield of North Dakota (BCBSND) reflects the following: Dominant market position. BCBSND is well-positioned to maintain its dominant market share in providing health insurance products and services in North Dakota. It is the leading health insurer in the state, where it has an estimated 80% market share. Extremely strong capitalization. BCBSND's capital adequacy level of 186% for 2000, as measured by Standard&Poor's model, is extremely strong, and it represents a significant improvement from 168% in 1999. Surplus quality continues to be good, tied to the plan's conservative reserving practices. Conservative investment portfolio. BCBSND has a conservative investment portfolio with good asset quality and

Brief Excerpt:

RESEARCH Noridian Mutual Insurance Co. d/b/a Blue Cross Blue Shield of North Dakota Publication date: 08-Jan-2002 Credit Analyst: Phillip C Tsang, New York (1) 212-438-7248 RATING A+ (STRONG) An insurer rated 'A' has STRONG financial...

Report Type:

Full Report

Ticker

16362Z

Issuer

Noridian Mutual Insurance Co. (d/b/a Blue Cross Blue Shield of North Dakota)

GICS

Life & Health Insurance (40301020)

Sector

Global Issuers, Insurance

Country

United States

Region

United States

Format:

HTML

Noridian Mutual Ins. Co. 'A+' Ratings Affirmed; Outlook Stable – 2002/11/04 – US$ 150.00

Research Update: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota – 2002/11/04 – US$ 225.00

Noridian Mutual Ins. Co. – 2002/11/05 – US$ 500.00

Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota – 2002/11/05 – US$ 225.00

Noridian Mutual Insurance Co. 'A+' Ratings Withdrawn at Company's Request – 2003/10/02 – US$ 150.00

Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota – 2002/01/08 – US$ 225.00

Noridian Mutual Insurance Co. (d/b/a Blue Cross Blue Shield of North Dakota) – 2001/02/12 – US$ 500.00

Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota – 2001/02/12 – US$ 225.00

Noridian Mutual Ins. Co. (d/b/a BCBS of North Dakota) 'A+' Ratings Affirmed; Outlook Stable – 2000/12/21 – US$ 150.00

Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota 'A+' Ratings Affirmed – 1999/11/09 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Noridian Mutual Insurance Co. d/b/a Blue Cross Blue Shield of North Dakota" Jan 08, 2002. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Noridian-Mutual-Insurance-Co-d-b-a-Blue-Cross-Blue-Shield-of-North-Dakota-226192>

APA:	S&P Global Ratings’ Credit Research. (). Noridian Mutual Insurance Co. d/b/a Blue Cross Blue Shield of North Dakota Jan 08, 2002. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Noridian-Mutual-Insurance-Co-d-b-a-Blue-Cross-Blue-Shield-of-North-Dakota-226192>

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