Alliance of Nonprofits for Ins
Major Rating Factors:
Fair long-term capitalization index (4.0 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. Fair reserve development (3.3) as reserves have generally been sufficient to cover claims. In 2024 the two year reserve development was 36.0% deficient. Fair profitability index (3.4) with operating losses during 2024 and the first six months of 2025. Return on equity has been fair, averaging 6.4% over the past five years.
Other Rating Factors:
Fair overall results on stability tests (4.2) including fair risk adjusted capital in prior years. The largest net exposure for one risk is conservative at 1.1% of capital. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (18.9%), other (81.1%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (94.3%), cash (4.0%), common stock (0.3%), other (1.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
3031 Eagle Peak Road
West Brookfield, MA 05060
West Brookfield, MA 05060
Phone Number
(831) 621-6109
NAIC Number
10023
Largest Affiliates
No affiliate information available.