Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2022 and 2024. Return on equity has been low, averaging 2.0% over the past five years. Good overall results on stability tests (6.0) despite. Stability strengths include excellent operational trends and good risk diversification. Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (55.3%), comm multi (22.3%), farmowners (12.1%), fire (5.7%), other (4.5%)
Licensed in:
VA
Principal Investments:
Investment grade bonds (55.5%), common stock (29.6%), cash (5.0%), non investment grade bonds (2.4%), real estate (1.2%), preferred stock (1.0%), other (5.4%)
Corporate Info
Group Affiliation
Loudoun Mutual Ins Co
Investment Rating
--
Company Address
15609 High Street
Waterford, VA 20197
Waterford, VA 20197
Phone Number
(540) 882-3232
NAIC Number
10329
Website
Largest Affiliates