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Independence Holding Company (IHC)

NYSE Financial Services Insurance - Life
$57.01 ▲ +0.02%
Market Cap
$0
Sector
Financial Services
Industry
Insurance - Life
Beta
0.78
52-Wk Range
56.96-57.01
CEO
Roy Thung
Country
US
Currency
USD

Independence Holding Company operates in the Insurance - Life industry of the Financial Services sector, headquartered in Stamford, CT, US. The stock last traded at $57.01, up 0.02% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of 44.54, a net margin of 4.3%. Its beta of 0.78 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
44.54
Price / Sales
0.00
Price / Book
1.80
EV / EBITDA
-1.80
Gross margin
100.0%
Operating margin
6.7%
Net margin
4.3%
Return on equity
—
Debt / equity
0.02
Current ratio
1.13
Dividend yield
0.8%
Payout ratio
0.0%
Company profile
Exchange
New York Stock Exchange
Employees
550
IPO date
1980-01-16
Headquarters
Stamford, CT, US
About Independence Holding Company

Independence Holding Company (IHC), operating through its various subsidiaries, is active in the health, pet, and life insurance sectors. The company's extensive product range includes dental coverage, offering both indemnity and PPO plans for individuals and employer groups with two or more employees. It also provides vision plans that issue a fixed reimbursement for eye exams and materials, alongside short-term medical solutions for those requiring temporary health protection. IHC further offers a variety of supplemental insurance policies, such as hospital indemnity, fixed indemnity with limited benefits, critical illness, accident medical coverage, and life insurance. Pet insurance is another key offering. For workplace incidents, the company provides specialized occupational accident insurance products, which deliver benefits for accidental death, disability, and medical expenses arising from work-related injuries. Additionally, Independence Holding Company furnishes employers with group long-term and short-term disability insurance, alongside a specific New York short-term disability plan designed to provide temporary wage replacement. Its group term life portfolio encompasses standard group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. The company also deals in Medicare supplements and advantage plans, employer group and individual insurance programs (including self-funded options), and Affordable Care Act (ACA) plans. IHC distributes its comprehensive suite of products via a network of general agents, independent brokers, and independent producers. Established in 1980, the company is headquartered in Stamford, Connecticut.

Comparable companies

Independence Holding Company is most often compared with the following Financial Services names:

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