Major Rating Factors:
Fair profitability index (4.1 on a scale of 0 to 10) due to a decline in earnings during 2022. Average return on equity over the last five years has been poor at -20.1%. Fair overall results on stability tests (3.2) in spite of healthy premium and capital growth during 2022 but poor risk diversification due to the company's size. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (7.8) based on good current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
IL
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
180 North Stetson Avenue
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 274-0126
NAIC Number
16504
Website
Largest Affiliates
No affiliate information available.