Major Rating Factors:
Good profitability index (4.9 on a scale of 0 to 10) with small operating losses during 2023. Excellent expense controls. Good overall results on stability tests (5.2) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Strong long-term capitalization index (10.0) 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:
Personal/comm auto (54.8%), homeowners (45.0%), other (0.2%)
Licensed in:
All states except AK, CA, HI, LA, MT, ND, NJ, NY, SD, WA, WI, WY
Principal Investments:
Investment grade bonds (99.8%), other (0.2%)
Corporate Info
Group Affiliation
Liberty Mutual Holding Co Inc
Investment Rating
--
Company Address
175 Berkeley Street
Boston, MA 02116
Boston, MA 02116
Phone Number
(617) 357-9500
NAIC Number
12484
Largest Affiliates