Overview
IHC
Independence Holding Company (IHC) specializes in health and life insurance in the US. Through its wholly owned subsidiaries, Madison National Life Insurance and Standard Security Life Insurance Company of New York, it sells and reinsures health and life insurance to groups and individuals. Though it does offer some major medical plans, the company prefers to offer niche coverage such as medical stop-loss insurance (which allows employers to limit
...
Read More their exposure to high health insurance claims), short-term medical coverage, critical illness, small-group major medical, and pet insurance. Subsidiary American Independence also writes medical stop-loss insurance.
Read Less
Read More their exposure to high health insurance claims), short-term medical coverage, critical illness, small-group major medical, and pet insurance. Subsidiary American Independence also writes medical stop-loss insurance.
Read Less
Roy T K Thung
See more contacts
Insurance Carriers
,
Insurance Carriers and Related Activities
,
Finance and Insurance
,
Life insurance
,
Accident and health insurance
Activities Related to Credit Intermediation
,
Agencies, Brokerages, and Other Insurance Related Activities
,
Depository Credit Intermediation
,
Insurance and Employee Benefit Funds
,
Monetary Authorities-Central Bank
,
Nondepository Credit Intermediation
,
Other Financial Investment Activities
,
Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
?
?
?
Modelled
?
Actual
#
Actual
? %
? %
?
?
?
?
Contacts
Get in Touch with 7 Principals* and 29 Contacts
-
Roy T K ThungChairman of the Board and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Data
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of ? (12 month period) in USD
Annual Revenue
?
USD
Estimated
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Net Operating Cash | $51 | $39 | $36 |
| Net Investing Cash | $13 | -$27 | -$28 |
| Net Financing Cash | -$14 | -$18 | -$10 |
| Net Change in Cash | $50 | -$6 | -$1 |
| Cash at Beginning of Period | $25 | $31 | $32 |
| Cash at End of Period | $75 | $25 | $31 |
| Capital Expenditure | $ | $ | $ |
| Assets (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $72 | $21 | $26 |
| Accounts Receivable | $386 | $389 | $393 |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $ | $ | $ |
| Intangible Assets | $15 | $13 | $13 |
| Total Assets | $1,083 | $1,054 | $1,038 |
| Liabilities (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $58 | $59 | $57 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $613 | $595 | $586 |
| Stakeholder's Equity (mil) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Equity | |||
| Common Stock | $19 | $19 | $19 |
| Retained Earnings | $399 | $387 | $380 |
| Equity Summary | |||
| Total Equity | $470 | $460 | $449 |
| Shares Outstanding | 14,643,047 | 14,864,941 | 14,878,248 |