AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of 'bbb+' (Good) to
The outlook assigned to these Credit Ratings (ratings) is stable.
The proceeds are expected to be utilized for general corporate purposes, including repayment of an upcoming debt maturity of
The new issuance will increase Anthem's financial leverage to slightly above 40%, compared with approximately 39% at year-end 2021. The company's interest coverage remains good at over nine times. Anthem's management expects its financial leverage to moderate slightly by year-end 2022 and remain within the target of 40%. Anthem continues to maintain strong liquidity through subsidiary dividends and access to a
Anthem continued to report double-digit revenue growth and strong earnings in 2021 and through the first quarter of 2022. Both revenue and earnings growth was driven primarily by expansion and improved margins in government programs. Anthem continues to benefit from its leading market position supported by its
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