Edison Ins Co
Major Rating Factors:
Good long-term capitalization index (6.4 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe loss scenarios) reflecting significant improvement over results in 2020. Fair profitability index (4.7) with operating losses during 2020. Return on equity has been fair, averaging 10.4% over the past five years. Fair overall results on stability tests (4.1) including weak risk adjusted capital in prior years and weak results on operational trends.
Other Rating Factors:
Ample reserve history (7.1) that can protect against increases in claims costs. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (99.8%), other (0.2%)
Licensed in:
FL, NJ
Principal Investments:
Investment grade bonds (69.5%), cash (27.9%), preferred stock (2.5%), other (0.1%)
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
Florida Peninsula Holdings LLC
Investment Rating
--
Company Address
903 Northwest 65th Street
Boca Raton, FL 33487
Boca Raton, FL 33487
Phone Number
(866) 568-8922
NAIC Number
12482
Website
Largest Affiliates