Peoples Trust Ins Co
Major Rating Factors:
Good liquidity (5.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.7) with operating losses during 2019 and 2020. Average return on equity over the last five years has been poor at -2.4%. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting improvement over results in 2020.
Other Rating Factors:
Ample reserve history (8.1) that helps to protect the company against sharp claims increases. Excellent overall results on stability tests (6.9) despite. Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification. The largest net exposure for one risk is conservative at 1.6% of capital.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Homeowners (59.5%), fire (21.5%), personal/comm auto (19.0%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (56.5%), cash (17.3%), common stock (14.3%), other (11.9%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
18 People's Trust Way
Deerfield Beach, FL 33441
Deerfield Beach, FL 33441
Phone Number
(561) 988-9170
NAIC Number
13125
Website
Largest Affiliates
No affiliate information available.