C
New Jersey Indemnity Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
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Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good profitability index (5.0 on a scale of 0 to 10). Excellent expense controls. Good overall results on stability tests (6.6) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. 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.
Other Rating Factors: Ample reserve history (7.0) that can protect against increases in claims costs. 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. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Work comp (57.9%), comm multi (33.9%), personal/comm auto (8.1%)
Licensed in: CT, DE, MD, NJ, NY, PA
Principal Investments: Investment grade bonds (94.5%), cash (5.5%)
Ratios
Premium to Surplus
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Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
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Combined Ratio
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Cash From Underwriting
Net Premium Growth
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Investments in Affiliates
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Corporate Info
Group Affiliation
New Jersey Manufacturers Ins Co
Investment Rating
--
Company Address
301 Sullivan Way
West Trenton, NJ 08628
Phone Number
(609) 883-1300
NAIC Number
10978
Largest Affiliates
B
West Trenton, NJ - P&C
B
West Trenton, NJ - P&C
C
West Trenton, NJ - P&C