Peoples Trust Ins Co
Major Rating Factors:
Good liquidity (6.2 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.2) 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 profitability index (7.8). 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.
Stability Factors:
Principal Lines of Business:
Homeowners (56.0%), personal/comm auto (27.7%), fire (16.4%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (45.9%), common stock (15.5%), cash (11.4%), other (27.2%)
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.