A
OGLESBY REINS CO
Bloomington, IL
Data as of
September 30, 2020
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
27.07
Risk Adjusted
Capital Ratio #2
16.79
Loss
Ratio
18.70%
Total
Assets
4.82B
Capital
4.17B
Net
Premiums
195.64M
Net
Income
401.02M
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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. Excellent profitability (7.3).
Other Rating Factors: Excellent liquidity (7.7) with ample operational cash flow and liquid investments. History of adequate reserve strength (5.7) as reserves have been consistently at an acceptable level. Good overall results on stability tests (6.5).
Stability Factors: T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Reinsurance (100.0%)
Licensed in: IL, TX
Principal Investments: Investment grade bonds (97.8%), other (2.2%)
Ratios
Premium to Surplus
10.6%
Reserve to Surplus
15.5%
1-Year Reserve Development
-1.1%
2-Year Reserve Development
-5.2%
Expense Ratio
8.2%
Combined Ratio
26.9%
Cash From Underwriting
127.3%
Net Premium Growth
-16.4%
Investments in Affiliates
0.0%
Corporate Info
Group Affiliation
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
14103
Largest Affiliates
A
Bloomington, IL - L&A
B
Bloomington, IL - P&C
C
Bloomington, IL - P&C
B
Richardson, TX - P&C
Weiss Ratings