Carolina Mutual Ins Inc
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent profitability index (8.4) with operating gains in each of the last five years.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.5) despite. Stability strengths include excellent operational trends and good risk diversification.
Stability Factors:
L - Past results on our liquidity tests.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Work comp (100.0%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (78.0%), cash (14.2%), common stock (5.1%), other (2.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1820 Eastchester Drive
High Point, NC 27265
High Point, NC 27265
Phone Number
(336) 869-3000
NAIC Number
14090
Website
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Largest Affiliates
No affiliate information available.