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)

Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota

Published Feb 12, 2001

632 words — Published Feb 12, 2001

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

The insurer financial strength rating on Noridian Mutual Insurance Co. (d/b/a Blue Cross 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, with an estimated 78% market share. Very strong capitalization. BCBSND's capital adequacy level of 164%, as measured by Standard&Poor's model, is very strong, and it represents a significant improvement from 145% in 1998. 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 liquidity. The plan's primary

Brief Excerpt:

RESEARCH Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota Publication date: 12-Feb-2001 Credit Analyst: Philip C Tsang, New York (1) 212-438-7248; Jack Reichman, New York (1) 212-438-7235 Local Currency...

Report Type:

Summary

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 Insurance Co. d/b/a Blue Cross Blue Shield of North Dakota – 2002/01/08 – US$ 500.00

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

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

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

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

S&P Afms Blue Cross&Blue Shield of N. Dakota Rtgs – 1998/09/22 – US$ 150.00

S&P Afms Blue Cross,Blue Shield of N.D.'s A+ CPA Rtg – 1997/01/28 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota" Feb 12, 2001. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Noridian-Mutual-Ins-Co-d-b-a-Blue-Cross-Blue-Shield-of-North-Dakota-182460>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Noridian Mutual Ins. Co. d/b/a Blue Cross Blue Shield of North Dakota Feb 12, 2001. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Noridian-Mutual-Ins-Co-d-b-a-Blue-Cross-Blue-Shield-of-North-Dakota-182460>

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