Peoples Trust Ins Co
Major Rating Factors:
Good long-term capitalization index (6.8 on a scale of 0 to 10) based on good current risk adjusted capital (severe loss scenarios), although results have slipped from the excellent range during the last year. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.4) 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 acceptable at 3.0% of capital.
Other Rating Factors:
Fair profitability index (4.6) with operating losses during 2020. Return on equity has been low, averaging 1.1% over the past five years. Ample reserve history (7.0) that can protect against increases in claims costs.
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.