Peoples Trust Ins Co
Major Rating Factors:
Fair profitability index (4.6 on a scale of 0 to 10) with operating losses during 2020. Return on equity has been low, averaging 1.1% over the past five years. 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. Ample reserve history (7.0) that can protect against increases in claims costs.
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (7.0). 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 1.5% of capital.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (54.9%), personal/comm auto (27.5%), fire (17.6%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (48.2%), common stock (15.5%), cash (6.6%), other (29.7%)
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.