Midwest Ins Co
Major Rating Factors:
Strong long-term capitalization index (9.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.4) that helps to protect the company against sharp claims increases. Excellent profitability index (7.6) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (8.3) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.6) despite. Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
AL, AR, AZ, CA, CO, FL, IA, IL, IN, KS, MI, MN, MO, MS, NE, NM, NV, OK, SD, TN, TX, WI
Principal Investments:
Investment grade bonds (74.2%), common stock (18.5%), preferred stock (4.2%), cash (2.0%), non investment grade bonds (0.2%), other (0.8%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Midwest Financial Holdings LLC
Investment Rating
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Company Address
300 South Bradfordton Road
Springfield, IL 62711
Springfield, IL 62711
Phone Number
(217) 726-6811
NAIC Number
10895
Website
Largest Affiliates