ARI Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (4.7) with operating gains in each of the last five years. Return on equity has been low, averaging 1.9% over the past five years. Fair overall results on stability tests (3.8) including excessive premium growth and weak results on operational trends. Strengths include potentially strong support from affiliation with Evergreen Parent Gp LLC.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (98.2%), personal/comm auto (1.7%), other (0.1%)
Licensed in:
All states
Principal Investments:
Investment grade bonds (99.0%), other (1.0%)
Corporate Info
Group Affiliation
Evergreen Parent Gp LLC
Investment Rating
--
Company Address
400 Executive Boulevard
Southington, CT 06489
Southington, CT 06489
Phone Number
(860) 571-2105
NAIC Number
13900
Website
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