First Chicago Ins Co
Major Rating Factors:
Fair long-term capitalization index (4.1 on a scale of 0 to 10) based on fair current risk adjusted capital (severe loss scenarios), although results have slipped from the good range during the last year. Fair overall results on stability tests (3.9) including weak results on operational trends and excessive premium growth. History of adequate reserve strength (5.4) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Good overall profitability index (6.7) with small operating losses during 2022. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (99.8%), other (0.2%)
Licensed in:
CO, IA, IL, IN, KS, LA, MD, MO, NJ, NV, OH, PA, TN, TX, VA, WI
Principal Investments:
Investment grade bonds (84.6%), common stock (12.2%), other (3.2%)
Corporate Info
Group Affiliation
Warrior Invictus Holding Co Inc
Investment Rating
--
Company Address
6640 South Cicero Avenue
Bedford Park, IL 60638
Bedford Park, IL 60638
Phone Number
(708) 552-4400
NAIC Number
13587
Largest Affiliates