Major Rating Factors:
Fair profitability index (4.3 on a scale of 0 to 10) with operating losses during 2023 and 2024. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.3) despite excessive premium growth. Stability strengths include good operational trends and good risk diversification. The largest net exposure for one risk is conservative at 1.1% of capital.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level.
Stability Factors:
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (64.5%), farmowners (22.7%), comm multi (3.4%), fire (3.4%), other (6.0%)
Licensed in:
WI
Principal Investments:
Investment grade bonds (67.5%), common stock (16.9%), cash (9.9%), real estate (2.0%), other (3.7%)
Corporate Info
Group Affiliation
Mutual of Wausau Ins Corporation
Investment Rating
--
Company Address
3910 West Stewart Avenue
Wausau, WI 54401
Wausau, WI 54401
Phone Number
(715) 842-0686
NAIC Number
11617
Website
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