Merchants Ppty Ins Co of IN
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Good profitability index (5.0). Excellent expense controls. Good overall results on stability tests (6.8) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (8.4) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
Principal Lines of Business:
Reinsurance (100.0%)
Licensed in:
IN
Principal Investments:
Common stock (89.0%), investment grade bonds (10.1%), real estate (0.5%), cash (0.2%), other (0.1%)
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
6520 Ferguson St
Indianapolis, IN 46220
Indianapolis, IN 46220
Phone Number
(317) 923-4567
NAIC Number
11894
Website
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Largest Affiliates
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