Major Rating Factors:
Weak overall results on stability tests (2.7 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of EssilorLuxottica Société anonyme. Excellent profitability (7.7) with operating gains in each of the last five years. Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (7.4) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (8.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
EssilorLuxottica Société anonyme
Investment Rating
Company Address
4000 Luxottica Place
Mason, OH 45040
Mason, OH 45040
Phone Number
(513) 765-4000
NAIC Number
95522
Website
Largest Affiliates
No affiliate information available.