STICO Mutual Ins Co RRG
Major Rating Factors:
Weak overall results on stability tests (2.4 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 13.1% of capital. Good overall profitability index (5.6) despite operating losses during 2022 and the first three months of 2025. Return on equity has been low, averaging 4.9% over the past five years. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Superior liquidity (9.7) 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.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Product liab. (3.3%), other (96.7%)
Licensed in:
VT
Principal Investments:
Investment grade bonds (60.2%), common stock (26.2%), cash (11.6%), non investment grade bonds (0.2%), other (1.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
100 Bank Street
Burlington, VT 05401
Burlington, VT 05401
Phone Number
(802) 862-4400
NAIC Number
10476
Website
Largest Affiliates
No affiliate information available.