Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.9) including excessive premium growth. Strengths include potentially strong support from affiliation with Nationwide Mutual Group. Good profitability index (4.9). Excellent expense controls.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
AL, AZ, CO, GA, IL, IN, KY, MN, MS, NY, OH, OR, PA, TN, VA
Principal Investments:
Investment grade bonds (90.7%), cash (0.3%), other (9.0%)
Corporate Info
Group Affiliation
Nationwide Mutual Group
Investment Rating
--
Company Address
One West Nationwide Boulevard
Columbus, OH 43215
Columbus, OH 43215
Phone Number
(614) 249-1545
NAIC Number
10105
Website
--
Largest Affiliates