Midwestern Equity Title Ins Co
Major Rating Factors:
Weak overall results on stability tests (2.2 on a scale of 0 to 10) including weak risk diversification and excessive premium growth. The largest net exposure for one risk is acceptable at 2.5% of capital. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Good overall profitability index (5.3) with operating gains in each of the last five years. Return on equity has been low, averaging 3.2% over the past five years.
Other Rating Factors:
Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Other (100%)
Licensed in:
(No states)
Principal Investments:
Common stock (65.8%), investment grade bonds (27.4%), cash (6.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
11 Motif Boulevard
Brownsburg, IN 46112
Brownsburg, IN 46112
Phone Number
(317) 852-2822
NAIC Number
10282
Website
Largest Affiliates
No affiliate information available.