Major Rating Factors:
Good long-term capitalization index (5.4 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios) reflecting some improvement over results in 2021. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level. Good overall profitability index (6.7).
Other Rating Factors:
Good overall results on stability tests (5.0) including fair risk adjusted capital in prior years. The largest net exposure for one risk is high at 3.2% of capital. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (24.4%), fire (12.9%), personal/comm auto (8.6%), product liab. (0.6%), homeowners (0.4%), other (53.1%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (70.9%), cash (11.7%), other (17.4%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
200 South Wacker Drive
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(630) 994-5600
NAIC Number
12961
Website
Largest Affiliates
No affiliate information available.